“Latin America and the Caribbean’s (LAC) relationship with China has passed through many stages in the last few decades. It is only after the 1990s that this relationship has entered a new stage: China has recently become LAC’s second largest trading partner and its second major source of foreign direct investment (FDI). China is also a new critical partner bilaterally, regionally and multilaterally, not only in political terms, but also in education, science and technology, culture and language, among many others.”
Source: Chinese Expansion in Latin America | The Cipher Brief