Takeaways from AP’s report on Latin American markets flooded by cheap Chinese goods
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HONG KONG (AP) — Low-priced Chinese electric vehicles and cheap e-commerce goods are gaining ground in Latin American countries like Brazil and Mexico and local governments and industries are growing alarmed. Latin America plays a strategically important role for China as Beijing forges closer ties with fast growing markets like Brazil and Chile. Chinese automakers and other manufacturers facing sluggish demand as the economy slows are targeting customers abroad. Mexico, Brazil and Chile are
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