Asia needs commodities for its dynamic global factory and Latin America has abundant natural resources. Asia needs food for its large population and Latin America has fertile agricultural land. One of the new drivers for business confidence is the spread of free trade agreements (FTAs) between the two regions.
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Smiles in Lima and long faces in Santiago were the first reactions to the ruling by the International Court of Justice (ICJ) in The Hague, the Netherlands, on Jan. 27 regarding the new maritime boundary between Peru and Chile. ICJ justices granted Peru 50,284 square kilometers (19,410 square miles) of maritime domain, part of which was previously under Chilean control …
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The Global Rise of China The rise of China has stolen more headlines than any other global issue these days, stirring up questions about what China’s growing prominence really means, and how – more than why – it affects the world. While the rise of previous global powers took decades, if not centuries, China’s rise has been spectacularly fast and …
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