President Xi Jinping and guests attend the first Ministerial Meeting between China and the Community of Latin American and Caribbean States. (Feng Yongbin- China Daily)
The billion-dollar summit between Beijing and Latin American leaders in May demonstrated China's plan to control the region that America considers its own backyard. The $9 billion credit line together with Brazil’s trade agreements and visa-free travel policies demonstrate China's strategic approach to secure vital resources while expanding markets and building geopolitical power against Washington. Chinese President Xi Jinping made his first appearance at the China-CELAC Forum in ten years to deliver a clear message that Latin America serves as a vital component of China's global superpower strategy. The power dynamics of the Western Hemisphere are undergoing a transformation and Beijing maintains control of this shift.
