The Ecuador-China Free Trade Agreement has often been portrayed as a milestone for China in Latin America, but recent developments have thrown the fate of the deal into doubt. The sudden uncertainty has implications that extend beyond Ecuador’s borders, affecting the broader landscape of China’s relations across Latin America.
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China’s expanding economic footprint in Latin America over the past 25 years has driven economic growth and shifted the geopolitical narrative across the region. But that engagement is now shifting as priorities change in China, Latin America and the U.S., at a time when Chinese growth is slowing and U.S.-China tensions are rising.
There are many negative consequences of China’s accelerated population decline. But while China’s demographic crisis looks like that of other neighboring countries, it is coming at a lower level of economic development, and the problems it poses are exacerbated by some of the unique characteristics of China’s political system.
Given Taiwan’s pivotal position as a flashpoint in global security, most of the coverage of its recent presidential and legislative elections viewed them through the lens of its relations with China. The relationship matters to be sure, but the campaign was also driven by domestic concerns that didn’t make the international headlines.
Since the start of the war in Gaza, China has adopted a position that is surprisingly critical of Israel. What’s driving the shift? One overlooked factor is the relative collapse of the major pillar underpinning Sino-Israeli ties since even before they formally established diplomatic relations: trade in technology.
After a year of important gatherings for the Chinese Communist Party, starting with the 20th Party Congress in October 2022 that named Xi Jinping to an unprecedented third term as general secretary, 2023 ended not with a bang, but with a whimper: The “third plenum,” often used to announce important reforms, didn’t take place.