The 15 ministerial conversations with the Group of River also stand out from 1990, five with the Mercosur from 1997, and ten independent contacts with ten countries of the Andean Community of Nations (DOG) and of the Caribbean, that have established diplomatic relations with China. The smaller doubt indicates Riordan Roett, that does not fit in the next China years one will move wisely in Latin America. The Government of Peking grants to a high value to the political stability and the economic predictability. Decisions as the one of the Argentine Government to nationalize the bottoms of pensions in October of 2008 they are very disquieting for the Chinese authorities. There are elections in many countries; in Argentina in June of 2009 and Mexico in 2009 July.
Brazil and Colombia have national elections in 2010. The Chinese Government would wish to see the results of these elections before increasing his level of commitment with the region. It is necessary to take into account adds Roett, that in the political circles exist the preoccupation from which the curse of the natural resources has returned again. That is to say, historically Latin America has chosen to export mineral raw materials and instead of to add value to its traditional exports or of deepening in the industrializador process. Some countries have been better than others. Chile has had success at the time of adding value to its exports and has directed its glances to the Asian market. Obvious Brazil is an important manufacturing country, but in the last years the iron mineral and the seeds of soybean have had much weight in their exports to China. Given the present economic crisis, it is little probable that anyone of the Latin American countries changes its model of development. The growth will continue being slow. In fact, Morgan Stanley hopes that the Latin American economies are contracted still more and soon they continue submerged in the mud during time enough.