China-Latin America Trade in 2035: Four possible scenarios

After seeing dramatic growth since the early 2000s, trade between China and Latin America will likely reach unprecedented levels by 2035. Along with greater Chinese investment and financial flows, this will further increase China’s economic importance for countries across Latin America and the Caribbean, with potential implications for prosperity and geopolitics in the region and beyond. In addition, the composition of the region’s exports to China is likely to differ from today’s. Regional governments and businesses must think and plan ahead.  To provide greater insight into future commercial scenarios, this new report by Washington-based think tank Atlantic Council aims to trigger policy discussions and influence actions based on how this growing relationship may evolve through four possible scenarios. Read the […]

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Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]