Financial Times FT.com

Pace of investment disappoints Latin America

By Geoff Dyer and Richard Lapper in São Paulo

Published: December 20 2007 23:03 | Last updated: December 20 2007 23:03

When President Hu Jintao visited Latin America in 2004, China appeared to be translating its growing econ­omic power into global political influence.

The economic relationship seemed a perfect fit: China’s furious urbanisation was sucking in Latin America’s ample supplies of copper, iron ore and soybeans. And here was the leader of a new­ly confident power spend­ing 12 days in what was seen as the backyard of the US.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this