How China tries to take over from the US in Latin America
China is gradually eroding American hegemony in Latin America. The article by Giuseppe Gagliano
Several times on these pages we have focused on China's ability to penetrate Latin America, that is, in the courtyard of Uncle Sam.
Argentina is a nation that is subject to both the economic and political ambitions of China as evidenced by the fact that the Argentine federal prosecutor Guillermo Marijuan has ordered a series of investigations on the procurement related to the Panama Canal and that is on the dredging and restructuring that are were the subject of negotiations with the China Communications Construction Company (CCCC).
Although the Argentine port administration managed to block the agreement with the Chinese multinational, the latter nevertheless managed to renegotiate the contract.
Why is this story important? For two reasons.
The first because it shows how China is gradually eroding American hegemony in Latin America and the second reason is linked to the conflicts that exist within the government between those who support China and those who are on the other hand openly pro-American positions. Among those who support the need for a greater rapprochement between Argentina and China there is the current president Alberto Fernandez but also Sabino Vaca Narvaja who coincidentally was appointed ambassador to Beijing in 2021 and who certainly favored Chinese penetration. both in the field of infrastructures and in the field of new technologies .
As for the pro-American faction, this is certainly represented by Patricia Bullrich , leader of the Propuesta Republicana party and Sergio Massa , the current speaker of the Argentine lower house. These two important political figures have close relations with the United States and are doing everything to prevent Argentina from entering into an agreement between the multinational Huawei and Argentina to manage the 5G network.
In any case, the main reason that induced Argentina – as on the other hand Venezuela – to support the Chinese presence depends on the infringement and the numerous economic problems that China would be happy to solve as it does indeed. already done with many African countries.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/mondo/come-la-cina-prova-a-subentrare-agli-usa-in-america-latina/ on Sun, 24 Apr 2022 05:06:58 +0000.