China’s Increasing Clout in Latin America


Source: europeanfinancialreview.com europeanfinancialreview.com

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As China’s economic influence in Latin America continues to expand, Germán Ríos analyzes the nature of this growth and its impact on the region. Relations between Latin America and China have changed profoundly over the last 20 years. In 2001, the region’s exports to China represented only 1.6% of total foreign sales, whilst in 2020, this figure had risen to 26%. This contrasts sharply with the fate of the region’s exports to the United States, which fell from 56% of the total in 2001 to 13% in 2020. This radical shift is mostly the result of China’s accelerated growth during...