China President Xi Jinping departs for South America tour

BEIJING: Chinese President Xi Jinping on Sunday departed for a visit to four South American countries, including Brazil, to build ties in a resources-rich region traditionally considered the backyard of the United States.

Latin America's growth prospects fizzle on local concerns

(Reuters) - The next two years look more challenging for Latin American economies than previously thought, with prospects for slower growth and higher inflation defying recent market optimism about emerging markets.