Shanghai Cooperation Organisation (SCO) and Global South strategic cooperation
- Thread starter Strangelove
- Start date
As noted elsewhere, this article puts too much emphasis on individual factors and not enough on structural ones. The photo op matters much less than the fact that Brazil/US both compete for soybean market share. The comparative advantages of the countries involved do a better job of explaining why China comes out ahead here.
Yes, structural factors favour China in Latin America just like in the rest of Global South. Latin American nations export commodities for inexpensive capital equipment from China.
The only true American superpower is their financial prowess but that too is being challenged by China(thanks to the massive CA surplus).