Abstract: In recent years, as high-level visits between China and Latin American countries have become increasingly frequent, various Sino-Latin American economic and trade forums have been held, and numerous cooperation agreements in economic fields have been signed, Chinese enterprises' enthusiasm for investing in Latin America has continued to rise. However, a closer look at the reality of Chinese investment in Latin America reveals inconsistencies with the current investment fervor domestically. In recent years, over 60% of China's outward foreign direct investment has flowed to Asia, while investment in Latin America accounts for only about 15%, of which nearly 90% has been directed to tax haven countries such as the British Virgin Islands and the Cayman Islands.

Authors: Chen Taotao, Chen Chen, Gu Lingjun

Published in: Overseas Investment and Export Credits, 2014(3): 14-18