China's Latest Geopolitical Assault On Latin American Commodities and Bilateral Trade

Summary


The la tier's presence in Latin America represents for some a response to what is seen in Moscow as threats to its security interests in Eastern Europe, but, at the same time, the hunt for vital commodities is also very much in play Bolivian President Evo Morales embarked on a visit on February 15 to Russia and France, lending evidence that the EU and Russia continue to hope to further their interests in the region. [...] it may be in the interest of Mexico to diversify its trade links in order to avoid being dragged into the mire in which its main trading partner, the U.S., currently finds itself; indeed, Brazil's relative insulation from the economic crisis engulfing the U.S. can be in part attributed to its past trade diversification.

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China's Latest Geopolitical Assault On Latin American Commodities and Bilateral Trade

Two key figures in Chinese politics embarked on a tour of Latin American countries on February 9, in a sign that the Asian superpower is intent on consolidating its already substantial stake in the region. Vice President Xi Jinping - second in command to President Hu Jintao, who himself visited Costa Rica, Cuba and Peru last November has traveled to the region for a two week-long tour. He was accompanied by Vice Premier for agriculture, Hui Liangyu. Between them, they visited nine Latin American states, including the regional powerhouses of Brazil and Mexico, left-leaning Venezuela and Ecuador, as well as right-leaning Colombia, a staunch ally of the United States.

With the Barack Obama administration in Washington thus far focusing its attention on the influence of Iran and Russia ...

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