While Latin America’s trade with China is flourishing again, and China’s government is courting Latin America, the European Union risks being outpaced. Europe should take the Chinese challenge in Latin America more seriously, and the European Union should engage more with Latin America and develop a clear strategy. Concluding and improving upon free trade and cooperation agreements with Latin America should be a high priority. Latin American and Caribbean governments are interested in creating a win-win situation and cooperating with both China and Europe. China is not displacing Europe in Latin America, but it is expanding into areas vacated by the European Union.
China Is Challenging but (Still) Not Displacing Europe in Latin America