皇冠体育app

In 2011, Brazil, the largest economy in Latin America, surpassed the United Kingdom to become the world's sixth largest economy. It is expected to be the world's third-largest automobile market by 2015.

The Brazilian government recently predicted 皇冠体育app will become its largest source of imports this year.

"The value of 皇冠体育app-Brazil trade is expected to surpass $80 billion this year," said Yang.

皇冠体育app has signed various free trade agreements with Latin American countries, including Chile and Peru.

From January to August, 皇冠体育app's exports to Peru increased by 16.5 percent, and to Chile, by 15.5 percent, according to the Ministry of Commerce.

Yang noted that 皇冠体育app-Chile trade stood at $2.1 billion in 2001 and has since shown an annual growth rate of 30 percent, hitting more than $34 billion in 2011.

"Three years ago, we didn't see any Chinese cars in the streets of Chile," he said. "But now, Chinese car makers hold a 12 percent share of the market. It's an amazing change, isn't it?"

Experts say Latin America complements 皇冠体育app in many ways.

"It has abundant land, and resources, and 皇冠体育app has a lot of manufactured goods that they need. It's a good match," said Zhang Yansheng, secretary-general of the National Development and Reform Commission's academic committee.

But he also has concerns. "We are far away from each other, which makes business exchanges more difficult to arrange than with other places," Zhang added. "And the political instability in the region and cultural differences also pose difficulties to Chinese exporters."

For Latin American countries that either rely greatly on mineral goods or are trying to diversify their exports, 皇冠体育app's gigantic market and its rapid growth are attractive attributes, he said.

皇冠体育app is the largest export destination for Brazil, and also the largest for Chile.

皇冠体育app's exports have been on the decline since the latter half of last year, although they increased by close to 10 percent in September. Yet that recovery has inspired little confidence in the nation's export prospects.

Chinese manufacturers are now facing their most difficult circumstances since the financial crisis and have been calling on the government to expand shipments to emerging markets.

"Latin America plays a essential role in helping 皇冠体育app stabilize its exports growth and sustain economic growth," said Yang.

 

Latin America boosts trade with 皇冠体育app

L. America seeks trade improvements with 皇冠体育app

Deeper Sino-Latin American trade cooperation urged

皇冠体育app's ties with LatAm key to region's economic growth

Chinese investment in Latin America grows

 

皇冠体育app's foreign trade outlook in 2013

皇冠体育app opening up border areas to boost trade

Trade winds to blow hot and cold

Ministry targets 8-percent growth in foreign trade

Foreign trade to fare better in 2013: minister

 

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