South America has sat within the U.S. sphere of interest since the Monroe Doctrine was enunciated in 1823. Now that may be changing, thanks to the inroads that Chinese telecom companies such as Huawei are making in the region’s economies. The advent of 5G networks is showcasing Beijing’s growing ability to rival Washington in South America.
That rivalry isn’t discussed too much in the region itself. Governments in Latin America mostly take a pragmatic approach, waiting for the lowest bidder while trying to remain as friendly as possible with each side. These tendencies hold true for most facets of U.S.-China competition in Latin America, but especially in South America, which is home to several major economies that are more politically and economically independent from the United States than closer neighbors such as Mexico.Read More