China’s investment in Latin America has continued to grow in recent years. China has become the Latin America’s third biggest source of foreign investment. According to the latest statistics from China’s Ministry of Commerce, in 2013, Latin America was the second largest recipient of China’s foreign direct investment after Asia. In 2013 the investment increased over 130% on the amount in 2012.
China’s impact on global investment and trade becomes ever more important as its economy continues to grow. As a major contributor of overseas investment, China has the responsibility to reflect upon its development model; to reduce its global footprint; and to actively participate and promote transformation towards a greener economy. The process of “Going Out” should also be the process of “Bringing In”. As a local Chinese NGO, Greenovation Hub is focusing on environment and development with international outlook. We will deliver this periodic “Observation” on China’s oversea investment and its global ecological impact to promote awareness and understanding.