China rivals U.S. for Latin America business

After meeting with Chinese President Xi Jinping in May, Argentine President Mauricio Macri returned from Beijing with $17 billion worth of commitments to build nuclear reactors, railway lines and a power plant. (Associated Press)

BUENOS AIRES – Venezuela may be in a meltdown, Brazil consumed by corruption scandals and Argentina fresh out of a recession. But for China, whose investments in Latin America top $100 billion, it’s just business as usual. Largely immune to the region’s volatility thanks to its commercial pragmatism and long-term vision, Beijing is viewed as a…