Tag: Americas
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This Graph Explains China’s Growing Influence in Latin America
Financial Times recently published a fascinating analysis of the constraints facing U.S. influence in Latin America. While U.S. policymakers face political opposition at home to the increased market access demanded by Latin American governments, the same isn't true for China. China's trade with Latin America surged from $12 ...
Mexican President Says He Has Proof of Fentanyl Smuggling From China
Mexican President Andres Manuel Lopez Obrador said Friday that he has proof that fentanyl is being smuggled into his country from China, contrary to Beijing’s denials. “We have the evidence. A cargo arrived from a port in China, a container, at ...
Shifting Trade Winds between China and Latin America and the Caribbean as Free Trade Agreement Negotiations Progress
By Rebecca Ray and Zara C. Albright In 2022, the Latin America and Caribbean (LAC) region’s trade deficit in goods with China grew to a record 1.4 percent of regional GDP, as both sides of the relationship experienced uneven growth rebounds ...
Brazil’s Lula Heads to China With a Ukraine Peace Proposal That’s Effectively Dead on Arrival
Brazilian President Luiz Inàcio Lula da Silva had hoped to arrive in Beijing on Tuesday with a plan to present to Chinese President Xi Jinping that would end the conflict in Ukraine. Lula dispatched a special envoy to Kyiv last week ...
Hondura’s President Announces That’s She’ll be Traveling Soon to Beijing to Sign “Auspicious Agreements”
Honduran President Xiomara Castro looked visibly pleased with her decision to switch ties from Taiwan to China last week when she announced on Twitter that she'll soon be headed to Beijing to sign a raft of new agreements. The President did not ...
China’s Lending to Latin America and the Caribbean Begins Again with Smaller, Targeted Support
By Rebecca Ray and Margaret Myers Chinese development lending to Latin America and the Caribbean (LAC) has begun to rebound, according to the latest update of the Chinese Loans to Latin America and the Caribbean Database, maintained by the Boston University ...
Honduras Says Adiós Taiwan, Formally Establishes Diplomatic Ties With China
Honduran Foreign Minister Eduardo Enrique Reina looked visibly pleased this weekend when he shook hands with his Chinese counterpart Qin Gang after the pair formally oversaw the establishment of diplomatic ties. The signing ceremony took place at the Diaoyutai State ...
U.S. Analysts, Scholars Skeptical About the Benefits to Honduras From Ties With China
Honduran officials maintain that the decision to abandon ties with Taiwan in favor of China was an economic decision inspired by the hope of boosting Chinese trade and investment. But a number of U.S.-based scholars and analysts caution that those hopes ...
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 ...
Taiwan President Heads to Central America to Bolster Ties With Two of the Island’s Last Few Diplomatic Allies
Taiwan President Tsai Ing-wen will embark on a three-nation tour of the Americas that will include a stopover in the United States before heading to Belize and Guatemala, two of Taipei's last remaining diplomatic allies. Tsai's trip comes in the wake of
Taiwan’s Next Challenge in the Americas: Paraguay
U.S. President Joe Biden dispatched his special envoy for the Americas, former senator Chris Dodd, to Honduras this weekend to convey the White House's displeasure with the government's decision to switch diplomatic recognition from Taiwan to China. Dodd will also visit Panama ...
Taiwan’s Next Challenge in the Americas: Paraguay
A delegation of lawmakers from Paraguay arrived in Taiwan on Sunday for what will be a critical test for Taipei to hold on to one of its last remaining diplomatic allies. Last September, President Mario Abdo Benítez said it would cost Taipei ...