As the US wages a criminal war on Iran and attempts to tighten its grip on Venezuela, the Trump administration is simultaneously mounting an aggressive campaign to drive China out of Latin America.
Writing in CGTN, Oliver Vargas – a British-Bolivian current affairs commentator based in Beijing – provides a sharp and timely analysis of Washington’s latest bid to reassert colonial dominance over its southern neighbours. At the centre of this effort is the so-called “Shield of the Americas” summit – a gathering in early March of handpicked right-wing governments whose stated purpose is to “push China out” of Latin America. But as Oliver notes, the material forces driving China-Latin America cooperation are “far more powerful than any summit communique”.
The coercive tactics on display are extraordinary. Chile has been threatened with the loss of its US visa waiver programme for merely considering a $500 million undersea cable connecting it to China. Panama’s Supreme Court was bullied into ruling against
CK Hutchison’s port concessions – concessions built on $1.8 billion of investment over nearly three decades. These are not the actions of a confident power competing on merit; they are the desperate manoeuvres of a declining hegemon that, as the author puts it, has “only one card to play”.
The contrast with China could not be starker. Since 2000, China-Latin America trade has expanded approximately 35-fold. Peru’s Chancay megaport has cut shipping times to Asia by nearly two weeks. BYD has built a major EV factory in Brazil. Chinese Foreign Minister Wang Yi, speaking at the recent Munich Security Conference, called for all countries to be “equal in terms of rights, opportunities and rules.” US Secretary of State Marco Rubio, from the same platform, lamented the decline of “great Western empires”.
Continue reading The unbreakable China-Latin America ties