In the last 10 to 15 years, the Chinese community in Argentina has grown significantly to about 100,000 residents, most of whom are engaged in the retail and supermarket business.
Partner
Maciel Norman & Asociados
However, in light of China’s economic strength and expansion, and the various government-level agreements on trade and investment that have been signed between the two nations, including the recognition by Argentina of China’s market economy status in 2004, Chinese companies have shown an increasing interest in making direct investments in Argentina.
Chinese companies have invested in the areas of finance, transport (through the provision of rolling stock) and energy, especially in ventures for hydrocarbon exploration and development. To restrict their financial exposure, such investors often select corporate structures under which their members’ liability is limited to the contributed capital.
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Justo Federico Norman and Mariana Ardizzone are partners at Maciel Norman & Asociados (MNA), a full-service law firm based in Buenos Aires with associated offices in Brazil, Bolivia and Uruguay. They may be contacted on +54 11 4813 2044 or by email at jnorman@mna.com.ar or mardizzone@mna.com.ar
