China in Latin America: A rising power’s forays into US backyard
China, a late entrant in Latin America, has now emerged as the region’s major economic partner. Bilateral trade between the two stands today at more than USD 200 billion. By augmenting investments and trade in Latin America, Beijing has managed to project itself as an alternative to the United States, which had previously enjoyed overarching influence in the region. The US’ inability to lead Latin America into a path of sustainable econ