The Economic Commission for Latin America and the Caribbean (ECLAC) has sounded a warning that Asia, particularly China, may be in the process of throwing down a challenge to the United States for the title of principal trading partner with Latin America and the Caribbean.
ECLAC is calling for a new alliance between the United States and its traditional trading partners in Latin America and the Caribbean in the face of what it says is the current absence of an explicit trade policy towards the region and a contrasting dynamism shown in recent years between various countries in the region and countries in Asia.
A study, titled ‘Latin America and the Caribbean in the World Economy 2010-2011’ released in Santiago, Chile late last
