The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has announced that foreign direct investment in Latin America in 2010 totaled $113 billion, up 40 percent year on year. Nine percent ($10.17 billion) of this investment total came from China, indicating a strong increase compared with $8.14 billion in 2009.
The ECLAC also added that Chinese investment in Latin America is expected to rise by 25 percent year on year in 2011.