Worryingly, China's crisis can move all these various impacts in the "wrong" direction:
a. The pending devaluation of the Chinese renminbi could further erode Latin American competitiveness at a time when competing through prices is particularly important in the region.
b. Exports to China will not expand and commodity prices will remain low.
c. China is still lending to Latin America, but it is likely to think harder about how much to lend and in what conditions in the future.
d. The crisis could strengthen neoliberal's hand in Latin America by questioning the Chinese alternative.
Am I missing something? Is there anything positive for the region coming out of this?