Driven by a desire to tap into Latin Americas vast oil reserves, as well as to bolster anti-American sentiment, China has invested large sums of money in the region. It has surpassed the United States as the main destination for exports in seven countries in the region. In five of those countriesBrazil, Chile, Cuba, Peru, and UruguayChina is now the largest export market. It has also been working with Argentina on a space station in Patagonia.: U.S. Military Targets Growing Russian and Chinese Influence in Latin America
Fifty-year-old Guan Ying Li, also known as Henry Li, of Hong Kong, pleaded guilty in 2014 to attempting to provide material support and resources to Shining Path, a terrorist organization aiming to overthrow the Peruvian government and replace it was a Maoist socialist system, according to the U.S. Attorneys office.Chinese Businessman Sentenced For Shipping Missile Parts Meant For Peruvian Terrorists to Chicago Suburb
Chinas plans to build a new embassy on the islands were derailed after US officials pressured the government of Panamas president, Juan Carlos Varela, to withdraw its offer of a four-hectare plot, according to senior Panamanian and diplomatic sources.: Panama the new flashpoint in China's growing presence in Latin America: A spat over the site of Chinas embassy has underlined the strategic value of the canal through which two-thirds of ships to or from the US pass
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