Chinese Influence in Latin America Keeps Growing

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—Researched and Written by Natalia Hidalgo—Issue Jul 01-31 2024: China has emerged as a primary trading partner for many Latin American countries. The intricate and dynamic relationship between China and Latin America has garnered substantial attention recently amid increasing geopolitical tensions. The implications of the multifaceted engagement between China and Latin America expand beyond the regional economies and societies within Latin America to implicitly hide geopolitical strategy. The scope of China’s influence in the region spans across various dimensions, including foreign direct investment, trade relations, and cultural exchange. Foreign investment from China into Latin America has reshaped and fostered economic development across the region, and continues to do so. Chinese firms, both state-owned and private, have played a critical role in the modernization of Latin American economies by strategically investing in diverse sectors and transferring technology and expertise. China has also actively promoted cultural exchange and tourism, seeking to strengthen people-to-people ties.

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