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Economy

Why Latin American Companies Can't Thrive In China

China is an eager customer when it comes to Latin America’s raw materials. But it has proven to be far more finicky when it comes to the region’s value-added goods. Even Pollo Campero, Guatemala’s far-reaching fried chicken chain, failed to gain a foothol

Guatemala's Pollo Campero, a fried chicken chain, had to shutter the four restaurants it opened in Shanghai (above)
Guatemala's Pollo Campero, a fried chicken chain, had to shutter the four restaurants it opened in Shanghai (above)
Carlos Tromben

The Chinese city of Harbin, whose grand boulevards and orthodox churches are a testament to the many Russians who made the city home after the revolution in 1917, has some selling points. Its Siberian climate, however, is not one of them – particularly for seven visiting employees from the Brazilian airplane producer Embraer. The dreary weather adds insult to injury for the company officials, whose Harbin factory has basically been inactive since last April.

Embraer's difficulties in China are hardly an exception. Although the eastern giant has become one of Latin America's largest trading partners, with annual trade reaching $200 billion, many Latin American companies have tried – but struggled mightily – to gain a foothold there.

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Coronavirus

The Main COVID Risk Now: Long COVID

Death rates are down, masks are off, but many who have been infected by COVID have still not recovered. Long COVID continues to be hard to diagnose and treatments are still in the developmental stage.

Long COVID feels like a never-ending nightmare for those who suffer from it.

Jessica Berthereau

PARIS — The medical examination took longer than expected in the Parc de Castelnau-le-Lez clinic, near the southern French city of Montpellier. Jocelyne had come to see a specialist for long COVID-19, and exits the appointment slowly with help from her son. The meeting lasted more than an hour, twice as long as planned.

“I’m a fighter, you know, I’ve done a lot of things in my life, I’ve been around the world twice… I’m not saying this to brag, but to tell you my background," says the 40-year-old. "These days, I’m exhausted, I’m not hungry, I no longer drive, I can’t work anymore, I have restless legs syndrome.” She pauses before adding sadly: “I can’t read anymore either.”

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