date:Aug 01, 2013
ding to Jiang the major obstacles of the investment climate in Latin America include red tape, bureaucracy, militant unions and rising crime rates.
Given the top-down nature of its investors its not surprising that Chinese firms have struggled with the hetrogenous nature of Latin American legal systems and investment policies as well as unpredictable political climate makes Chinese firms nervous. Chinese firms for instance have struggled to understand the range of free trade deals, said Peters.