The Asia-Latin America Axis: Cooperation or Competition?
Program: 6:30-8:00 pm
Reception: 8:00-9:00 pm
Latin America and Asia have had a natural economic relationship of supplier and producer, with natural resources, such as those in Mexico and Brazil, helping to fuel the manufacturing boom in Asia, especially in China. Open trade has allowed this division of labor to intensify over the past 15 years, and isolationist voices from within these economies have been minimal. However the economic crisis and more competitive Latin-American economic growth rates in comparison to Asian nations may change this. With Latin-American industries poised to edge out Asian imports, and the ongoing possibility of political tensions resulting from campaigns for permanent Security Council seats for Brazil, India, Japan and others, will the two regions' legacy of economic symbiosis endure, or will we witness the formation of more isolated East-West economies? Asia Society has convened a panel of experts to explore this complex and momentous issue.
Dan Silber, Managing Director and Deputy Head of Global Markets, HSBC, the Americas, will present introductory and concluding remarks to the panel discussion where Christopher Sabatini, Senior Director of Policy at the Americas Society and Council of the Americas, will moderate a conversation with Ann Lee, author of What the U.S. Can Learn from China and Senior Fellow at Demos, and Shelly Shetty, Senior Director and Head of Latin America Sovereigns at Fitch Ratings.
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