China Has a Plan To 'Takeover' Latin America

China has pumped cheap money into Latin America and the Caribbean for years, indebting governments and effectively buying influence. Where it has been unable to loan or buy, it has used armies of cheap workers to build key infrastructure projects, giving it outsized influence. And those ties are set to deepen with the signing of a new cooperation pact 

Daily Mail: China's plot to 'take over' Latin America: Beijing inks new deal to share nuclear tech, build 5G networks, develop space programmes, and pump cheap loans into America's back yard in 'growing threat' to US 

* China has put pen to paper on a new deal to deepen ties with countries in Latin America and the Caribbean 

* New deal will see Beijing share nuclear technology, build 5G and communications networks, help develop space programmes and pump cheap infrastructure loans into the region in attempt to buy influence 

* Comes off the back of years of Chinese investment and trade in the region, which has diminished US power 

* Beijing plans to 'take over' America's back yard and is a 'growing threat' to the US, analysts have warned 

China has inked a new deal with leaders in Latin America and the Caribbean to deepen ties across almost all areas of society in what one analyst likened to a plot to 'take over' the region. 

As part of the deal, Beijing has committed to supplying the region with 'civilian' nuclear technology, helping to develop 'peaceful' space programmes, building 5G networks of the kind Washington warns will be used to spy on people, and to pumping in cheap loans and financing for 'elaborate development plans.'  

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Update: China unveils plan to 'take over' Latin America (Joel Gehrke, Washington Examiner)  

WNU Editor: China has just re-opened its embassy in Nicaragua .... China reopens its embassy in Nicaragua (Xinhua).

China Is Pouring Billions Into Latin America

Patrick Gillespie, CNN: Latin America: China's power play right under the U.S.

China is making its biggest bet ever on Latin America, just as the United States is turning its back.

China poured billions of dollars into Latin America in 2015.

Chinese banks sent nearly $30 billion in loans to Latin American governments last year, more than double the amount from 2014. It's also more money than the World Bank and Inter-American Development Bank gave to the region last year combined, according to the Inter-American Dialogue, a non-profit in Washington.

There's more. China offered an additional $35 billion in funds that Latin American countries could access for infrastructure projects like roads, bridges and railways. Altogether, it's China's largest investment yet.
"What we're seeing is a proliferation of Chinese finance in Latin America," says Margaret Myers, a director at the Inter-American Dialogue.

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WNU Editor: This Chinese investment may appear big, but when it is compared to the current U.S. trade deficit with China .... $365,694,500,000: U.S. Merchandise Trade Deficit With China Hit Record in 2015 (CNS) .... this investment in the entire scheme of things is quite small.