Is India Following Chinese Model in Latin America?
The rise of China and India is set to change the rules of the game in international politics in many arenas. Western analysts maintain that Africa and Latin America provide a test for the Asian giants as to how they intend to behave as rising powers. The energy and resource sectors represent the most dynamic part of the economic relations that China and India have forged with Latin America. The region’s importance in the world energy market and its potential are certainly attractive to the two Asian giants. In terms of trade and investment with both the regions, China enjoys a clear edge over India. China is not just elephant in the room, it is a fire-breathing dragon.
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