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

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…

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“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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