China’s Economic Downfall Spells Trouble for Latin America, Opportunity for US
As Beijing’s economic woes deepen, Latin American nations are starting to feel a hit on commodities, with harsher investment terms likely to be next.
Chinese-chartered merchant ship Cosco Shipping Panama crosses the new Agua Clara Locks during the inauguration of the expansion of the Panama Canal in this file photo. China is continuing its push to displace U.S. influence in the region and has already put parts of the Panama Canal under its control. Rodrigo Arangua/AFP/Getty Images