China has made significant inroads in terms of investment in Latin America in recent years. While their commercial relationship is still minor in comparison to that with the United States, Beijing has managed to increase its two-way trade with Latin America by 660 percent since the beginning of the century. At the same time, Latin America is experiencing an economic boom. Average annual GDP growth for Latin American countries will be 3.7 percent this year according to United Nations estimates. IBT reporter Patricia Rey Mallen covered the topic in the International Business Times Magazine and she spoke with us about what this shift means for Latin America, China and the U.S.