August 12, 2010
China
Burgeoning China-Latin American trade got a boost August 10 with the opening of the China Sourcing Center, a 76,000-square-foot, duty-free “manufacturers mall” at the Miami Free Zone in Doral. As reported in The Miami Herald, the center enables Latin American commercial buyers to view a range of Chinese products—from building materials to electronics to consumer [...]
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July 20, 2010
China
Beware when doing business in Latin America. Thanks to growing Chinese and Middle Eastern investment there, fraud and bribery are growing as well. Business practices considered unethical, fraudulent and illegal in the United States, such as bribery and financial “favors,” are largely tolerated and thriving in the developing regions of the Western Hemisphere, with little [...]
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Cuba Attempts at Privitization
November 8, 2010 CaribbeanThe Cuban Communist Party is expected to unveil a broader agenda for economic growth later this year or in early 2011, which could hint at preparations for a political transition to life beyond the aged Castro brothers. Announcing public sector layoffs of over 10% of the nation’s 5.5 million workers and a plan to relax [...]