Charles Tang, Chairman of the Brazil-China Chamber of Commerce and Industry, said that American backyard has grown into China’s garden. And China’s investment in Latin-American countries has improved the wellbeing of the local people, helped local companies to grow and developed a lot of infrastructure. For example, China has invested hundreds of billions of US dollars, helping Brazil get through the crisis.
Check out One more question on China’s ‘expansion’: Why is the US worrying about the so-called ‘expansions’ of China in Latin America?