China’s two-way trade with countries in the Americas increased 8% last year to $486 billion, nearly twice the volume of what China does in Africa. South America is now a vital source of food, energy, and strategic minerals for China, while markets like Brazil are attracting record amounts of Chinese investment.
Meantime, China’s growing presence in Latin America and the Caribbean region is also making the U.S. increasingly uncomfortable given that many people in Washington, D.C. still believe that the Western hemisphere remains America’s traditional sphere of influence.
But despite China’s enormous economic engagement in the region and the geopolitical concerns in the U.S., Pepe Zhang,ย a senior fellow at The Atlantic Council and one of DC’s top China-Americas watchers, contends that China’s surging influence is still not getting the attention that it deserves. He joins Eric & Cobus from Washington, D.C. to explain why.
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