A Bold Assertion on the World Stage

In an assertive display of global leadership, China's President Xi Jinping addressed delegates from Latin America and the Caribbean at the China-CELAC Forum in Beijing. This summit, aimed at strengthening ties, comes amid rising tensions between China and the United States. Xi's speech was laced with pointed remarks about 'bullying' and 'hegemony,' implicitly targeting US foreign policy.

A Commitment to Development and Cooperation

Pledging a staggering $9.2 billion in development credit, Xi outlined ambitious plans for deeper cooperation with the region in areas such as energy, infrastructure, and clean energy initiatives. He emphasized that global peace and stability can only be achieved through unity and cooperation, dismissing the notion of 'winners' in trade wars.

A Shifting Geopolitical Landscape

As the US and China recently agreed to a significant reduction in tariffs, the atmosphere at the forum represents a pivotal moment for Latin America, which is increasingly seen as a battleground in the US-China rivalry. Latin American nations face pressure from Washington to align with either power, making Xi's overtures towards the region particularly critical.

Statements of Solidarity Against Bullying

China's Foreign Minister Wang Yi echoed Xi’s sentiments, condemning what he referred to as a 'major power’ that insists 'might makes right.' He urged Latin American countries to unite against what he labeled as US 'bullying' tactics, particularly through tariffs used as a weapon.

Key Attendees Advocate Multilateralism

Among the notable attendees was Brazilian President Luiz Inacio Lula da Silva, who stressed the importance of avoiding a new Cold War and promoting a truly multilateral order. Colombian President Gustavo Petro expressed his intent to sign an accord to join China's Belt and Road Initiative during his state visit, signifying a deeper commitment to China by Latin American nations.

China's Growing Influence