As the headline in the news remind us daily: immigration in the U.S. is an important policy topic of today. There is a high dependence on the U.S. as haven for refugees and people seeking a better life.
China’s involvement in Latin America has been rapidly increasing in the past two decades with Chinese companies investing over $110 billion since 2003, but primarily in the last five years. The nature of these investments has been changing as well.
The pervasive problem of social inequality in Latin America, manifested in a huge chasm between immensely wealthy elites and poor masses, has its origins in the colonial era. For three hundred years, Spanish American economic elites were made up of immigrants from the Iberian peninsula who got rich by entering the highly lucrative enterprises of wholesale commerce and the production of export goods, such as silver and sugar.