Latin America gets a boost from initiative

Regional countries adopt look-to-the-east approaches

MEXICO CITY - In 2017, Latin American economies have shown signs of recovery and growth, thanks to their look-to-the-east approach, or seeking synergy in development plans with China, which has maintained dialogue and trade cooperation with the region despite the rising threat of protectionism and isolationism.

An Inter-American Development Bank report said in 2017 Latin American and Caribbean exports will register a 13 percent increase, thanks to greater shipments to China.