Latin America at the Crossroads: China’s Advance, U.S. Decline, and India’s Emerging Role

Latin America at the Crossroads: China’s Advance, U.S. Decline, and India’s Emerging Role

Through its Belt and Road Initiative (BRI), China offered large-scale investments and loans for infrastructure projects, notably without imposing political or economic conditions, unlike Western lenders. Latin America possesses highly diversified natural resources such as oil, copper, lithium, soy, and rare earth minerals, all essential to the U.S. economy and the global green energy transition. China has entered a region that the U.S. long rega…