South American Real Estate News
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Asian investment boom seen in Latin America

Selling soybeans, iron and copper ore and other commodities to Asian countries has transformed Latin America over the past decade, stabilizing economies despite worldwide crises and lifting tens of millions of people into the middle class. Now, say officials from both Asia and Latin America, a second gold rush is under way. by The Associated Press Asian…

China and the Inter-American Development Bank launch $1 bln Latam investment fund

China and the Inter-American Development Bank said on Monday they are starting a $1 billion fund to invest in Latin America, though the Asian giant’s latest push to expand its influence in the region prompted words of caution from Brazil. To feed its fast-growing economy’s voracious appetite for raw materials,…