Some countries in Latin America appear to find Beijing's approach appealing after decades of US mistreatment. This is how China is moving into Washington's hemisphere.
China's "list of Latin American inroads is long and striking," according to a Forbes piece that was published on Monday, and "Washington has yet to manage much of a response." In addition, it states that "Chinese trade with Latin America has increased at a striking 31% annual rate on average to the equivalent of about $450 billion a year" in the 21 years after China entered the World Trade Organization (WTO).
China is now “South America’s largest trading partner and is second only to the United States for trade with all Latin America.” It has “signed free trade agreements with three countries, Chile, Costa Rica, and Peru and began negotiations with Ecuador last February.”
All of this is taking place in a region where, according to the article, the US "has exercised all but untrammeled hegemony." In fact, un...
Full Access
Included:
-
Access to All Articles.
-
One Plan. No Tiers.
-
No Ads.
-
Cancel anytime.
