Marking a decade of collaboration, the China-CELAC Forum is celebrating its 10th anniversary this week by doubling down on mutual growth over geopolitical drama. 🤝 Let’s break down why this partnership is shaking up traditional power dynamics in Latin America and the Caribbean (LAC) – and why critics are missing the point. 💡
A Decade of Growth
Since 2014, trade between China and LAC has skyrocketed from $12 billion to a staggering $500 billion+ in 2024, with China now being the top trading partner for Brazil, Chile, Peru, and Uruguay. 📈 Think highways in Argentina, clean energy projects in Ecuador, and bullet trains in Brazil – China’s investments are literally reshaping infrastructure across the region. 🚆
Tackling the Critics
Recent claims by U.S. officials about China’s ‘hidden agendas’ in LAC have been swiftly countered by leaders on both sides. Foreign Minister Wang Yi stressed: ‘Our cooperation isn’t about chessboard politics – it’s about lifting each other up.’ 🌱 Analysts argue these accusations echo outdated Cold War mindsets, while LAC nations increasingly prioritize partnerships that deliver jobs and tech without strings attached. 🛑
What’s Next?
With a $30 billion China-LAC Cooperation Fund accelerating green energy and digital projects, the forum’s latest ministerial meeting could unlock even bigger cross-continental collabs. From TikTok dance challenges to joint AI labs, cultural and tech exchanges are now as vital as coffee and copper exports. ☕💻
Reference(s):
China-CELAC at 10: Mutual benefit, not geopolitics, defines ties
cgtn.com