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Article: VOA NEWS: CHINA RAISES PROFILE, CONCERNS IN LATIN AMERICA
- Article from:
- US Fed News Service, Including US State News
- Article date:
- November 1, 2006
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The Voice of America issued the following story:
By Stephanie Ho China is rapidly expanding its economic activities in Latin America, raising some concerns about its presence in what has been traditionally the American sphere of influence. The president of the Inter-American Development Bank, Luis Alberto Moreno, said economic activity between China and Latin America has multiplied in recent years.
"Exports to China increased by 20 [times] from 1990 to 2005, from just under $1.3 billion to over $26 billion," he said. "Chinese exports to our region exploded by 30 [times] during the 1990 to 2005 period, from just under $650 million in 1990, to over $22.7 billion in 2005."
He spoke recently ...