Andres Oppenheimer comes late to the idea that Brazil is not sitting meekly while China somehow overwhelms it. This is not really new, but two things caught my eye:
First, according to a Brazilian paper 42% of Brazilian executives working for Chinese firms quit within the first year. If that is true, or even close to true, it highlights how complicated the relationship can be. Chinese companies need Brazilians to make things work, and alienating elites can sour everything. It is not like a century ago when foreign companies came in, paid off elites, and extracted they wanted.
Second, he has a great quote, which I could see putting on a 3x5 card and pulling out anytime someone talks about the incredible recent economic growth in Latin America:
Unfortunately, some South American governments have been fooling their populations by claiming that their recent growth was due to novel economic policies, rather than by a Chinese buying spree that may not last forever.