<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2448-718X</journal-id>
<journal-title><![CDATA[El trimestre económico]]></journal-title>
<abbrev-journal-title><![CDATA[El trimestre econ]]></abbrev-journal-title>
<issn>2448-718X</issn>
<publisher>
<publisher-name><![CDATA[Fondo de Cultura Económica]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2448-718X2005000300459</article-id>
<article-id pub-id-type="doi">10.20430/ete.v72i287.568</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[¿Debe la América Latina temerle a China?]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Lora]]></surname>
<given-names><![CDATA[Eduardo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Banco Interamericano de Desarrollo Departamento de Investigación ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2005</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2005</year>
</pub-date>
<volume>72</volume>
<numero>287</numero>
<fpage>459</fpage>
<lpage>493</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S2448-718X2005000300459&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S2448-718X2005000300459&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S2448-718X2005000300459&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Este artículo compara las condiciones de crecimiento económico de China y de la América Latina con el fin de evaluar los temores de que la economía china desplace a la latinoamericana en los próximos decenios. Las fortalezas de China se basan en el tamaño de su economía, su estabilidad macroeconómica, la abundante mano de obra barata, la rápida expansión de la infraestructura física y la capacidad para innovar. Las debilidades de China tienen su origen en la poca separación que existe entre el mercado y el Estado e incluyen la débil gobernabilidad corporativa, un sistema financiero frágil y una mala asignación del ahorro. La América Latina y China comparten debilidades importantes: el imperio de la ley es débil, la corrupción endémica y la escolaridad es baja y mal distribuida. Aunque los temores de desplazamiento de los sectores industriales y de la inversión extranjera son exagerados, China puede ser una fuente de inestabilidad financiera internacional con efectos potencialmente muy daninos para la América Latina.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This paper compares growth conditions in China and Latin America to assess fears that China will displace Latin America in the coming decades. China's strengths include the size of the economy, macroeconomic stability, abundant low-cost labor, the rapid expansion of physical infrastructure, and the ability to innovate. China's weaknesses, stemming from insufficient separation between market and State, include poor corporate governance, a fragile financial system and misallocation of savings. Both regions share important weaknesses: the rule of law is weak, corruption endemic and education is low and very poorly distributed. Although fears on manufacturing and foreign direct investment diver sion are overblown, China may be a source of international financial instability with potentially damaging effects for Latin America.]]></p></abstract>
<kwd-group>
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<kwd lng="es"><![CDATA[crecimiento económico]]></kwd>
<kwd lng="es"><![CDATA[competitividad]]></kwd>
<kwd lng="es"><![CDATA[ambiente de inversión]]></kwd>
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