China’s Xi begins 2nd trip to Latin America, in sign of expanding role

in 2014, College and Graduate School of Arts and Sciences, Kevin Gallagher, McClatchy Newspapers, Newsmakers
July 14th, 2014

GallagherMcClatchy Newspapers
Kevin Gallagher, College of Arts & Sciences

Chinese President Xi Jinping on Tuesday starts his second lengthy trip to Latin America in barely more than a year, showering attention on a region partially neglected by Washington and relishing China’s role as the biggest financier to Latin America…

Expert quote:

“The China boom lifted the Latin American boat for a long time. They’re all happy that they’ve got China, but the honeymoon stage is over,” Gallagher added. “They’re all running current account deficits with China now.”

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