China Deepens Ties with Latin America Amid U.S. Trade Tensions
Beijing, May 12, 2025 — China is hosting a high-profile summit this week, bringing together leaders from Latin America and the Caribbean to strengthen economic and diplomatic ties amid ongoing trade tensions with the United States. The China-CELAC Forum ministerial meeting in Beijing includes the presidents of Brazil, Colombia, and Chile, marking a significant effort by China to expand its influence in a region traditionally within the U.S. sphere.
Bilateral trade between China and the Community of Latin American and Caribbean States (CELAC) reached $427 billion in the first nine months of 2024, underscoring the growing economic interdependence. Chinese President Xi Jinping is set to address the forum, his first appearance at the event in a decade, signaling the importance Beijing places on these relationships.
The summit follows recent U.S.-China trade discussions that concluded positively, with both nations agreeing to establish a new economic dialogue. However, China’s outreach to Latin America is seen as part of a broader strategy to counter U.S. tariff policies and build international support. China has also made progress in trade negotiations with the European Union.
The China-CELAC Forum promotes cooperation in trade, investment, and infrastructure, aligning with China’s Belt and Road Initiative (BRI). Brazilian President Luiz Inácio Lula da Silva is expected to make a state visit during the summit. China is Brazil’s key market, particularly for soybeans and minerals. Chile may discuss lithium sector investments with Chinese companies, while Colombia is looking to join the BRI following Peru’s example. Panama, however, has opted out of the initiative.
The forum sets the stage for the upcoming BRICS Summit in Brazil, further highlighting China’s commitment to strengthening ties with Latin America and the Caribbean. As global trade dynamics continue to evolve, China’s engagement with the region represents a significant shift in international relations.
Source: Reuters
