Colombia moves to join China based development bank as Latin America reorients geopolitical ties

News Snapshot:

Colombian President Gustavo Petro concluded his vacation to China this week with a trip in Shanghai, where he met with former Brazilian President Dilma Rousseff, the president of the New Development Bank read more Colombia’s government has applied to join a China-based development bank, marking another sign of Latin America’s shift away from the United States, as the Trump administration’s foreign aid cuts, trade barriers, and immigration crackdown drive many regional leaders to seek closer ties with Washington’s geopolitical rival. Colombian President Gustavo Petro concluded his vacation to China this week with a trip in Shanghai, where he met with...