Italy has announced its formal withdrawal from the Belt and Road Initiative after joining the China-centered infrastructure and investment project in 2019.
The timing of the announcement that Rome won’t renew its BRI commitment is notable. It came only a day before the EU-China summit, which kicks off on Thursday. The summit will likely be more contentious than usual, with European leaders expected to push China on the treatment of EU firms amid discussions ...
Category: China-Latin America
New Data Reveals Small Increase in Chinese Lending to Countries in Latin America and the Caribbean
China is once again extending development finance loans to countries in Latin America and the Caribbean, albeit only a small fraction of what it lent to the region a decade ago. Brazil, Barbados and Guyana received a total of $813 million ...
Honduran President Fulfills Campaign Pledge to Dump Taiwan and Establish Diplomatic Ties With China
Taiwan suffered a major diplomatic setback on Wednesday when Honduras became the latest country to abandon ties with the island in favor of relations with China. President Xiomara Castro announced on her Twitter page that she will make good on the promise ...
Xi Issues Call For Solidarity Among Developing Nations in Video Address to Latin American Leaders Summit
Chinese President Xi Jinping addressed the final day of a leaders summit of the Community of Latin American and Caribbean States (CELAC) in Buenos Aires on Tuesday, where he renewed calls for closer coordination among developing countries and improved South-South cooperation. The President's ...
Beijing and Taipei: The Latin American Geopolitical Connection
By Dr. Alvaro Mendez Some observers insist that the People’s Republic of China’s (PRC) presence in Latin America and the Caribbean (LAC) is not geopolitically motivated. I acknowledge that Chinese foreign policy may be driven currently mostly by economic, diplomatic, and ...
FOCAC Isn’t the Only Regional China Conference Taking Place This Month
While a lot of attention is now focused on the final preparations ahead of this month's China-Africa ministerial conference in Senegal, another, equally important regional meeting kicked off in the southwestern Chinese city of Chongqing on Tuesday. The 14th China-Latin America ...
Analysis from Cobus van Staden
Awkward Timing as Italy Withdraws from BRI
U.S. Conservatives Are Becoming Increasingly Concerned About China’s Engagement in Latin America and They’re Using the Same Rhetoric They Did About Africa
U.S. fears of China "taking over" countries and entrapping them in "debt traps" all while "corrupting political elites" should sound very familiar to African stakeholders who've heard for years identical concerns expressed about China's engagement in their region -- only this time, U.S. conservatives are focused on ...
It Looks Like the U.S. and Europe Are Now More Worried About China’s Growing Influence in LatAm Than Africa
The Daily Mail's sensationalist headline today ("China's take-over in America's back yard") speaks to the mounting concern in U.S. and European capitals about China's growing presence in Latin America and the Caribbean. This latest wave of anxiety, ...