Korea, the TPP & Latin America
South Korea’s entry into the TPP will promote stronger cooperation between South Korea and Latin America.
Jose Torres
December 20, 2013
South Korea’s entry into the TPP will promote stronger cooperation between South Korea and Latin America.
Since 2005, China has provided upwards of $87 billion in loan commitments to Latin American countries.
China’s NOCs are well informed about the strategic risks of operating in Latin America.
With the rising cost of wages in China, manufacturers are increasingly considering Mexico an attractive location to ‘re-shore’ production.
Chinese loan commitments to Latin America have totaled approximately $75 billion since 2005.
Chinese competition remains a serious issue for Mexico’s manufacturing sector.
Taiwan electronics firm, Foxconn, currently only in Brazil and Mexico, is exploring new investment opportunities in Latin America.
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