China incursion in world business goes further more than commerce. The great amount of capital, in the far country, has transformed it in a primary world wide investor, especially in Latin America, where are found great part of the economic interests.

The Chinese Government lead, definitely initiated in 2004, when president Hu Jintao visited 5 countries of the region and committed to invest 100 billion dollars in the next ten years.

The interest has also been manifested by the contrary. In April 2005 a group of entrepreneurs, headed by President Alvaro Uribe V. visited China, the same as the former President of Peru, Alejandro Toledo. What is at the end of all that flirting in the political and corporative arena?  The experts believe that the far east government is interested in gaining strategic position, over key sectors, to maintain its economic growth; such as electricity generation and minerals.

This on going dynamic is worrying also the US government, in fact, the recent incidents related to products manufactured in China which contain high level of toxic elements (toys, dental paste and some food), make speculate many people regarding a underground “commercial war” to discredit the industry of that country.

The truth is that China is a commercial contender of great value, but a net consumer of primary goods. This nation buys the 7.4% of fuel, the 31% of the coal production, the 30% of iron, the 27% of steel and the 40% of the cement that is produced world wide.

It can be assure that the countries with a great offer of primary goods have a lot to win with China, as the case has been for Venezuela, Peru and Chile; but countries with manufacturing industries that compete against that country could become losers.
 
Right now, the Chinese entrepreneurs have or will have major participation in oil, infrastructure and mining projects in Venezuela, Colombia, Peru, Ecuador, Bolivia, Panama, Brazil, Chile, Argentina and Cuba. 
 
The impact of the Chinese capital in the region goes further more than the financial. As the political analyst believe, the presence of China represents a big counterbalance against the US government which have maintain an important interference in the political and national security decisions in Latin America, that is why, there is a increasing concern produced by the oriental “advance” that is intended to be powerful installed in the region.