Rewind 12 months and with China’s once rampant growth in check, South and Central America’s emerging economies were coming into view for those geared around going where the growth is.
One year on, and it is thought that the Chinese economy has stabilised (and still offers comparatively high growth), while the effects of President Trump’s arrival as the leader of the US is thought to cast a shadow over the near term prospects of some of Latin America’s most prominent economies.
In the face of this, and tasked with reviving economies in trouble, Brazil and Argentina – South America’s two biggest countries – are understood to be exploring options to partner up in a show of pro-market pragmatism and, potentially, revive the Mercosur regional trade bloc first established in 1991 but relatively side-lined in recent years.
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