Recently many Chinese people are talking about "Latin Americanization", "Latin American disease " or "Latin American phenomena". These labels are misleading as different people use them to indicate different things. As a result, these terms have fallen into the traps of wrong hypothesis. Moreover, these derogatory labels are likely to hurt the feelings of the Latin American people. Some people talk about "Latin Americanization" to indicate that China, like Latin America, would lose control of its national economy to the dominance of foreign capital. This author argues that, because of the following two factors, China would not be "Latin Americanized": 1) Unlike Latin America, China introduced more foreign direct investment （FDI） than bank loans. 2) In terms of FDI, unlike Latin America again, China has successfully attracted more capital in "green field" than in A&M. Despite the misleading concept in these terminology, it is necessary for China to draw the lessons from the experience of Latin American development. One of the lessons is to give economic growth a human face. That is to say, the government should always put people first in its pursuit of economic growth.
