China makes its move as U.S. falls back in Latin America: McClatchy
RIO DE JANEIRO, Brazil - All but invisible in Latin America a decade ago, China now is building cars in Uruguay, donating a soccer stadium to Costa Rica and lending $10 billion to Brazil’s biggest oil company.
It’s supplanted the United States to become the biggest trading partner with Brazil, South America’s biggest economy.
China has moved aggressively to fill a vacuum left by the United States in recent years, as the U.S. focused on wars in Afghanistan and Iraq and the global economic crisis sapped its economy.
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Tags: Brazil, Rio de Janeiro
