China has created 1.8 million jobs across Latin America and the Caribbean through trade, investments and infrastructure projects over the last two decades, according to an International Labour Organization (ILO) report on Thursday.
The report, named "Effects of China on the quantity and quality of jobs in Latin America and the Caribbean," indicated that the number of jobs facilitated by the Chinese economy in the region between 1995 and 2016 represented four percent of the total created jobs.
Around 60 percent of these 1.8 million jobs were linked to growing trade with China, 20 percent to infrastructure projects and 15 percent to direct Chinese investment, said the co-author of the report, Enrique Dussel Peters, during the presentation.
"Until today, China in Latin America has generated almost 2 million jobs," commented Dussel Peters, coordinator of the China-Mexico Studies Center at the National Autonomous University of Mexico (UNAM).
Jose Manuel Salazar, the ILO's director for Latin America and the Caribbean, highlighted that it was the first study concerning China's impact on employment in the region. He added this showed how China was increasing its importance and influence in global trade and investment at a time of a protectionist stance from the U.S. government.
The ILO, which has 187 member states, is a United Nations agency dealing with labour problems, particularly international labour standards, social protection, and work opportunities for all.