Latin America’s hopes for a deeper and broader commercial relationship with China are in the balance, according to senior bankers, regulators and company officials attending a Latin America Chinese Investors Forum in Beijing last month. Chinese companies and investors have predominantly viewed Latin America – and Brazil in particular – as a rich source of natural resources but there has been little investment in other Latin American securities.
“There has been lots of noise about China and Latin America but as yet the deal flows are not feeding through – it’s the tip of the iceberg argument,” says Gerardo Mato, HSBC’s chief executive of global banking, Latin America, and head of global capital financing, Americas.
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