China’s slowdown will hurt South America

China’s slowdown will need to be well managed in the major South American economies of Argentina, Brazil and Venuszula or it will mean increased poverty and social unrest. This is the message from the China Business Summit for those willing to listen. Whilst China was booming, populist policies with no accountability and combined high levels of corruption from within these countries could be papered over by the draining of Reserves and the plundering of Government coffers. Now the financial situation…