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Significance

Although the claim is untrue, China’s investments in and trade with Latin America have continued to expand in recent years, amid US concerns over Beijing’s increasing influence and presence in the region. Tensions over that role are expected to mount under the new US administration.

Impacts

Chinese investment will continue to diversify, especially in electric vehicle manufacturing, renewable energy and mining.

The opening of Peru’s Chancay port will underscore China’s edge over the United States in delivering large-scale infrastructure projects.

Senator Marco Rubio, Trump’s nominee for secretary of state, is likely to heighten pressure for the region to align with Washington.

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