Wednesday, December 7, 2011

Chinese find opportunity in Latin America


The development of the Brasilia Chinese company is a textbook example of the success of Chinese entrepreneurs in Latin America. With China's economic development, there is a growing Chinese population in Brazil, Argentina and other South American countries. Most enterprises generally started as small businesses.

Most of Brazil's Chinese businesses import from China or the local Chinese businessmen. There is a closed network of importers, wholesalers and manufacturers in China. Chinese products, with their high quality and low prices, are popular in the lower class families.

Chinese businessmen began to enter industry, set up factories or operate restaurants, supermarkets, and further expand the scale of operations.
On March 25th Avenue in Sao Paulo, the largest city in South America, Brazil Customs Street in Rio de Janeiro and Peru's Chinatown in downtown Lima, Chinese restaurants are everywhere. All around are Chinese signs and Chinese store names. In Argentina, there are thousands of small supermarkets operated by Chinese.

However, there has been somewhat of a backlash against Chinese businessmen. The cheap price of Chinese goods in Latin America has upset some of the local vendors. Some local businessmen even complain to the police. Therefore, some Chinese shops in densely-concentrated places are often raided by local police, especially before the hot sale season.


chinatown.jpg


MLA Citation
Salisbury, Joyce E. and Andrew E. Kersten. "Work in the 19th Century." Daily Life through History. ABC-CLIO, 2011. Web. 7 Dec. 2011.

No comments:

Post a Comment