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Francisco Urdinez on how Venezuela tests China’s economic advance in Latin America
['Igor Patrick']
News - South China Morning Post
Now, in the wake of US attacks on Caracas and the abduction of Nicolas Maduro, Urdinez examines how Venezuela could upend that framework and reshape perceptions of US-China competition in Latin America and beyond.
For other interviews in the Open Questions series, click hereCan you please explain your concept of economic displacement, how that applies to the US-China competition in Latin America?
You end up with a measure of relative weight: how much China’s activities represent in a certain country vis-a-vis what the US is representing.
You see the US reducing its economic weight by half.
And in the meantime, China’s economic weight grew 15-fold in Latin America.