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Commentary on the present and future of culture, politics, economics, and social values................... "At any given instant/All solids dissolve, no wheels revolve,/And facts have no endurance." W.H. Auden.

Thursday, November 11, 2004

CHINA IN LATIN AMERICA

On November 9, Dissolving Solids claimed that China would begin moving into Latin America, undercutting the US long-term position that Latin America is an exclusive US sphere of influence.

Evidence for our claim is mounting. Today, China's President Hu Jintao is arriving in Argentina to promise massive investment in that economy in return for needed energy sources: gas, oil, and nuclear fuel. China more than doubled its trade with Latin America last year, and it is increasingly looking at the region as a source of needed natural resources washingtontimes.com/world/20041111-011021-6976r.htm.


Argentines see this connection as a way to solve their economic troubles and bring prosperity. Other states will follow suit.

While the US is preoccupied with the Middle East, look for China to penetrate Latin America. The days of the Monroe Doctrine may be at an end.


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