As China’s financial commitments in Latin America grow, so does its influence. But some countries resent Beijing throwing its weight around
Over the past two decades, China has become a significant player in Latin America. The process began slowly, but as the Chinese economy began to hit spectacular levels of growth in the 1990s, it drove the price of several key raw materials higher. China became the leading buyer of many commodities produced in the region, making it an influential player in Chile (copper), Argentina and Brazil (soybeans), Peru (mining), as well as Ecuador and Venezuela (petroleum).