Colombia joins Beijing’s Belt and Road initiative as China and U.S. fight for control in Latin America

Quick Summary:

China has surpassed the United States as the biggest trading partner of Brazil, Peru, Chile and other Latin American nations.

Also in attendance at the China-CELAC forum was Brazilian President Luiz Inacio Lula da Silva, who arrived in Beijing on Saturday for a five-day state visit.

"As staunch defenders of multilateralism and free trade, China and Chile should strengthen multilateral coordination and jointly safeguard the common interests of the Global South," Xi told Boric.

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Article Details

Author / Journalist: Peter Catterall, AFP

Category: EconomyBusiness

Markets: United StatesBrazilChileChinaColombiaPeru

Topics: Investment Belt and Road U.S. Diplomacy Latin America

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 12:07:52 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 644 words

Reading Time: 4 minutes read

Sentences: 6 lines

Sentence Length: 108 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28710702

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