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But China is not the only power interested in securing greater access to Latin American raw materials and other resources.
BBC: China signs trade deals with Cuba
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Securing the prodigious raw materials, natural resources, and energy reserves that it needs to do so leaves it with little choice but to scour the world and negotiate agreements wherever it can.
FORBES: China May Not Be A U.S. Ally, But It's Also Not An Adversary
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And you need resources to turn those raw materials into Olympic-level gold medal winning athletes, and that's income.
NPR: Using Economics To Predict Olympic Medal Standings
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Despite continued sluggishness in major markets and a rise in the cost of raw materials, the company will continue to efficiently allocate resources and develop differentiated products such as the Blast Chiller refrigerator.
ENGADGET: LG's Q1 2012 earnings show greater profits on strong TV, phone sales
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But a quarter of the resources come from the supply chain, from sourcing raw materials.
FORBES: In A 'VUCA' World, Unilever Bets On 'Sustainable Living' As A Transformative Business Model
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These are important raw materials for the steel industry, among others, and China restricts their exports on the grounds that they are exhaustible resources.
ECONOMIST: A row with China points to fraying tempers