Why I Would NEVER Start a Business in South America (youtube.com)
Latam could develop a separate business and regulation system for people from Anglo/Japanese/etc countries, so they could at least have some new businesses. Chinese are currently having success in Latam, because of dollar/general stores. The stores have a good selection, actually are attentive and get products you request, don't try to scam and only have one price for everyone and a decent price, are clean and organized, etc. These are not new businesses or products, but they at least make some products available in Latam countries.