Carlos Moncayo and Martin Varsavsky on China's growth

Carlos Moncayo, 31, is the co-founder and chief executive of Asiam Business Group, an innovative company that facilitates trade between China and Latin America, where he grew up.

He has travelled to Madrid in Spain to meet Martin Varsavsky, the founder of several multi-million dollar companies.

Mr Varsavsky is Argentinian by birth and has spent a lot of time in the US. Mr Moncayo is curious to know why he now bases himself in Spain and how he came to establish one of his recent ventures - the international wi-fi network, Fon.

The two men also discuss the impact of rising labour costs in China and how best to take advantage of the burgeoning consumer market there.

Special report: The Ideas Exchange