Red Is the New Red, White, and Blue
Chinese investments in Latin America have skyrocketed over the past ten years. But not everyone is thrilled about the new superpower in the region.
US capital dominated Latin America throughout the twentieth century. Starting around 1898, a suite of US policies effectively placed the whole Western Hemisphere under North American economic control. For more than a hundred years, North American companies leveraged Washington’s outsized power to shape Latin America into a continent of banana republics, beholden to US interests. […]
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