SANTA CRUZ, Bolivia—China’s reach within Latin America continued to expand in 2021, capping a 20 year trend of the Asian giant’s growth and influence through trade. From 2000 to 2020 trade with China sprouted from $12 billion to $315 billion. Last year bilateral exchanges grew by another 31.6 percent. By 2035 projections from China’s business relationships in…
China Using Loans in Latin America to Push Political, Military Objectives
SANTA CRUZ, Bolivia—Argentina’s socialist government is scrambling to stem its hemorrhaging currency rates, economic recession, and hyperinflation, while negotiations continue with China over swaps and debt relief. The nation has an established track record of defaulting on loans, even before China agreed to grant an additional $19 million to the Argentine government in 2020. China and Latin America relations analyst Fernando Menendez told…
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