Chinese investors move in, take large slice of Latin American pie

Chinese companies are forming the mainstay of foreign direct investment in Latin American and African markets as globalization suffers setbacks elsewhere, an international law firm has said.

In an interview with China Daily, Juan Pic��n, global co-chairman of DLA Piper, said he still thought the trend would continue, based on feedback from his clients.

He said: "A growing percentage of our clients who are investing directly in Latin America are from the Chinese mainland, from sectors including energy, infrastructure and technology and so on."