A recent study by Boston University and the Inter-American Dialogue, a U.S.-based nonprofit organization, shows that Chinese Communist Party funding to Latin America has been gradually declining since 2016, from an average of $1.7 billion per year in the decade leading up to 2015 to zero in 2020, Deutsche Welle reported. billion in loans in the decade leading up to 2015, to zero in 2020.
Bilateral trade has also declined over the same period, increasing annually from 2000 to 2013, but gradually declining from 2015 until 2019, when it returns to 2014 levels.
Meanwhile, relations between the Chinese Communist Party and countries in the region remain strong, with Brazil exporting almost all of its soybeans to the Chinese Communist Party.
Some analysts believe that the CCP is willing to accept higher political risks in Latin American countries than in Europe and the United States, and to gain the support of these countries for the CCP at the UN through loans and investments.
Smaller countries in Latin America are also more willing to accept CCP investments because the CCP, unlike the West, is not concerned about human rights, environmental protection or corruption.
Now the CCP is working to strengthen relations with Mexico, and CCP investment in Mexico is increasing. At the same Time, the CCP has taken advantage of the new crown Epidemic to provide a lot of support to some Latin American countries for epidemic prevention.
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