As Geopolitical Competition Heats up, China Is Eyeing the Caribbean

As Geopolitical Competition Heats up, China Is Eyeing the Caribbean

China continues to mount a challenge to U.S. power and influence in the Caribbean Community bloc, as this grouping feels increasingly boxed in by Trump 2.0.

China allocates $9.2 billion in credits for Latin America and the Caribbean San José, 14 May (elmundo.cr) – In a gesture that reinforces its growing influence in the region, China announced Monday that it will contribute $9.2 billion in credits to Latin American and Caribbean countries, as part of a strategy to “back their economic and social development.” The initiative was revealed within the framework of the China-CELAC Cooperation Forum, whe…

President Xi Jinping promised yesterday, May 13, to boost China’s presence in Latin America and the Caribbean with a new $9 billion credit line and new investments in infrastructure, although Brazil warned the region not to overly depend on foreign finance. The second most [...] China’s entry offers loans and investments to Latin America and the Caribbean at the meeting in Beijing was first published in AgendAR.

Beijing promises $9 billion in credit to Latin America, while some countries in the region are calling for caution in the face of increased dependence on China. Chinese President Xi Jinping pledged on Tuesday to increase China's presence in Latin America and the Caribbean by announcing a new line of credit of $9 billion, as well as new investments in infrastructure, while some countries, including Brazil, are calling for caution in the face of i…