Foreign media: Relying on trade investment, China succeeds in Latin America

World Newspaper Cindica Website on July 14th. Original title: Is China winning Latin America? Is the West lost Latin America? During the Cold War, this was a issue in Washington and other places. Now, with the return of the competition and the potential recovery of the sphere of influence, coupled with the recent wave of victory in the left -wing election in Latin America, this problem has become prominent.

For the West, the shadow of fierce conflict with Russia and other countries once again highlighted the importance of Latin America as a partner. But at the same time, the United States and its allies are busy dealing with the Russian -Ukraine conflict.

Of the 6 countries with the largest population in South America, 5 are led by the left government. In Chile, the left -wing activist Gabriel Bori. In Colombia, the country's pre -election guerrilla player Gustovo Petro was president. When the next presidential election was held in October, Brazil, the largest population and the largest economy in the region, is likely to join them.

At the same time, more and more evidence shows that the influence of the West in Latin America is declining. At the UN General Assembly in February this year, five Latin American countries refused to condemn Russia on Russia and Ukraine. In addition, leaders of Cuba, Venezuela and Nicaragua were excluded, and several Latin American leaders resisted the American Summit last month. Although the summit was held as scheduled, the results of the meeting were not impressive.

At the same time, China continues to expand its footprint in Latin America. From 2002 to 2021, the total trade between China and the region increased from $ 18 billion to nearly 449 billion US dollars. At this speed, it will exceed $ 700 billion by 2035. Part of these results are driven by the free trade agreement between China and Chile, Costa Rica and Peru. China is still working hard to reach an agreement with Ecuador and strive to participate in 21 Latin American countries to participate in the "Belt and Road" initiative.

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