Chinese influence in Latin America is growing in recent years as China seeks to expand its economic and political interests globally. China is the largest trading partner for many Latin America countries and heavily invests in the region. China also provided loans to Latin America countries and continues building diplomatic and military ties with them. This is likely to lead the EU and US to become more actively involved in countering China.
Key judgement 1. It is highly likely that in the next 24 months, China will continue establishing strategic partnerships and engaging economically in Latin America.
Key judgement 2. It is likely that in the next 24 months, China will increase its defence cooperation with Latin American countries and increase military sales at the expense of the West.
Key judgement 3. It is likely that in the next 24 months, the United States and the European Union will try to strengthen ties with Latin America to counterbalance China’s influence in the region.