习近平

Xi’s tour of Latin America places trade before ideology

When Xi Jinping went to Latin America last year he visited US allies such as Mexico and Costa Rica – leading some in Washington to worry that Beijing wanted to steal a march on the US in its own backyard.

This year it is the other way round. The Chinese president is visiting countries often seen as opponents of the US, such as Venezuela and Cuba, or with which it has lukewarm ties, such as Argentina and Brazil. Some in Washington now fear Beijing wants to rally its ideological enemies in the region.

Both worries are overblown.

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