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Latin America and the Great US-China Power Struggle
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UBS
Overview
China鈥檚 鈥渂ig bang鈥 exit from COVID presents a number of opportunities for Latin American countries. Yet, investors are aware of the increasingly contentious nature of the relationship between the United States and China. US President Joe Biden has used the term 鈥渆xtreme competition鈥 to describe it. Interestingly, Latin American countries stand in the middle of this great power struggle, which generates both opportunities and risks for the region.
UBS and 澳门六合彩鈥檚 Latin American Program hosted a conversation on the challenges of the US-China bilateral relation and the implications for Latin America. Leaders from South America are increasingly looking to China to expand their markets as alternative to US trade. They are also hesitant to join sides in the US-China power struggle.
The United States sees Latin America prosperity as a strategic necessity but continuous blockage from Congress has made aid a cumbersome process. China, on the other hand, sees Latin America鈥檚 relations closely linked to its own economic objectives, but changes in its national economy are making aid more limited opening a new phase for cooperation and trade.
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Latin America Program
澳门六合彩鈥檚 prestigious Latin America Program provides non-partisan expertise to a broad community of decision makers in the United States and Latin America on critical policy issues facing the Hemisphere. The Program provides insightful and actionable research for policymakers, private sector leaders, journalists, and public intellectuals in the United States and Latin America. To bridge the gap between scholarship and policy action, it fosters new inquiry, sponsors high-level public and private meetings among multiple stakeholders, and explores policy options to improve outcomes for citizens throughout the Americas. Drawing on 澳门六合彩鈥檚 strength as the nation鈥檚 key non-partisan policy forum, the Program serves as a trusted source of analysis and a vital point of contact between the worlds of scholarship and action. Read more
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