Poonte bro, Yes, Latin Americans and even Australians are looking towards China for trade, but I won't be very optimistic regarding China-Latin America, China-Africa partnerships because the regimes in both regions are unstable and given the history of dicatorships in both regions, who knows there might be Pro-American dicators coming to power, and abandoning their dealings with China alltogether. Latin AMericans are already feeling threatened by China's export of textiles to the west and America. If the partnership lasts for long, it will definately a win-win for Latgin America, China and Africa (and also, Australia) but America will try its best to not to let this happen. America too has $$$ and some of the finest brains in the world. So let's not just underestimate America based on the Iraqi example. yeti bhandai, ma aaba euta churot salkayera tyo hegemony ko barey ma sochna thalchu..