In a significant diplomatic gesture, China has reiterated its commitment to being a ‘trustworthy’ ally to Latin America. This declaration by Chinese Foreign Minister Wang Yi comes as both China and the United States seek to expand their influence in a region traditionally under U.S. sway.
Amid these geopolitical maneuvers, China aims to elevate its strategic partnership with Bolivia, a nation deeply economically intertwined with China due to extensive debt and investment ties. Bolivia’s resource sector, particularly in metals, energy, and transport, has attracted substantial Chinese funds, surpassing U.S. investments in the region.
Tensions between the U.S. and China continue to shape the landscape, especially with China’s growing support for Latin American sovereignty and development through initiatives like BRICS. This situation contrasts sharply with the U.S. stance, as exemplified by President Trump’s combative approach to Chinese influence in the Panama Canal.
(With inputs from agencies.)
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Publish date : 2025-02-18 14:43:00
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