China is gradually losing its influence in Latin America - Media.

Changes have occurred in Latin America that affect China's position in this region. Mexico has announced a review of its tariff policy towards China, complicating access for Chinese products to American markets. Moreover, American investors have gained control over important ports near the Panama Canal.

Over the past twenty years, China has significantly influenced the economy of Latin America by investing in various sectors. However, recent events indicate a shift in the situation.

According to the UN, trade turnover between Latin America and China has increased 35 times from 2000 to 2022. However, the US foreign policy has not been sufficiently active, allowing China to strengthen its influence in the region.

However, the situation is beginning to change. Mexico is trying to reduce imports from Asia and is prioritizing countries with which it has trade agreements. In addition, the American company BlackRock has acquired control over strategic ports near the Panama Canal, which affects their alliance with China.

Thus, Latin American countries are beginning to consider other options and attract new investors rather than relying solely on China.