"China seeks to join Latin American bank"

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"China seeks to join Latin American bank" - 3/18/2007 12:23:56 AM

Vendaval

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"China seeks to join Latin American bank'
By JULIE WATSON, Associated Press Writer 2 hours, 45 minutes ago

"It could take years before the bank decides whether to accept China's request. If approved, China would become the third Asian nation to join the bank, which has 47 member countries, including South Korea and Japan.

In recent years, China has been seeking greater influence in Latin America. The resource-rich region offers China, the world's sixth largest economy, a reliable source of raw materials and other investment possibilities."

http://news.yahoo.com/s/ap/20070318/ap_on_re_la_am_ca/guatemala_idb_china;_ylt=Aq_kV_.XyjztqE1owN5gQ_S3IxIF

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