China-CELAC Meeting

SOURCE www.breitbart.com
Chinese dictator Xi Jinping calls for deeper ties with Latin American nations at China-CELAC meeting, offering a $9.16 billion credit line and various programs. Far-left leaders from Latin America attend the event and criticize the United States. Venezuela's late dictator Hugo Chávez founded CELAC as a U.S.-free regional bloc.

Key Points

  • China offers $9.16 billion credit line and various programs at the meeting
  • Far-left leaders from Latin America attend and criticize the United States
  • CELAC was founded as a U.S.-free regional bloc by Venezuela's Hugo Chávez

Pros

  • Opportunity for Latin American nations to deepen ties with China
  • Financial support from China through a $9.16 billion credit line and various programs

Cons

  • Criticism of the United States by Latin American leaders
  • Focus on decarbonization and climate change may overshadow other important issues