China and the USA have the bad news for 26 Latin America May 2009 It matters for Latin America as soon as time will take place the recovery of the American economy? It matters to know whereupon force will be developed that recovery? What implicancias have the result of the Chinese trade balance for the region? All these questions are from interest thinking about the perspective of recovery of the Latin American economies, although the importance varies in intensity. Although it is probable that the crisis to us continues providing new misfortunes, certainly I believe that we are journeying by a period in which it is due to begin to discuss in particular about the economic recovery of the American economy, and of the world-wide economy generally. Still the world depends on humors and the health of the American economy. Speaking candidly Christos Staikouras told us the story. In spite of his I stagger during the genesis of the outbreak prevails, the economy and the dollar of the American country has demonstrated their use like world-wide leaders. During seminary of Infobae to that I attended, and del that I have taken an interesting diagnosis of the world-wide and Argentine economic situation, I emphasize, with respect to the international context, the analysis that did the disertantes ones on the perspective of economic recovery, their possible form and the Chinese commercial surplus. That the recovery of the world-wide economy will come from the USA do not fit doubts, not only by the historical capacity of its economy but also by the demonstrated incapacity of the rest. The world is expectant about which it can happen with the American economy. Nothing already is of the illusion of decoupling. China disappointed in his first opportunity to put the world-wide economy to the shoulder and to try at least, that the world-wide economy benefit of a small veranito.