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China is aggressively asserting its presence in Latin America, hoping to secure political friends and allies—as well as lucrative economic deals and contracts for resource development—in a region the U.S. has long viewed more as trouble than as opportunity.
The new Port of Chancay may be located on Peru’s Pacific coast but it has been made by China.
Former diplomats say the U.S. is missing out on what could be strategically important ties in Latin America, as China continues its outreach in the region as the Biden administration struggles with ineffective engagement.
On Monday and Tuesday this week, more than 50 leaders from Latin America, Caribbean nations, and the European Union (EU) met in Brussels in the first such transatlantic summit since 2015 in an effort to smooth over differences and rebuild trade relationships.
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