China Moves into America's Backyard

China Moves into America's Backyard

When concerns about a rising China are broached they are usually focused around that nation’s increasing economic, financial and military power in Asia. Another region undergoing significant political and economic development, once considered the backyards of the United States, is less often cited. Latin America, however, is fast becoming a growing nub on China’s radar as a global power. U.S. preoccupation with the Middle East has led arguably to a decline in American power in Latin America and elsewhere. Economically, as America’s influence wanes in the southern hemisphere China’s has grown. The shift can be seen in levels of loans, foreign direct investment and trade.

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