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Vietnam–Japan 2050: From Strategic Trust to a Shared Indo-Pacific Future 
For over two decades, China’s rise in Latin America has been viewed as one of the most significant geopolitical developments in the western hemisphere. Through trade, investment, infrastructure projects and diplomatic engagement, Beijing built a presence that would have been difficult to imagine at the beginning of the century.
Yet recent regional developments raise an uncomfortable question for Beijing: can economic power alone generate durable political influence?
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China’s economic position in Latin America remains strong. Trade continues to grow, Chinese companies remain active across the region and few governments appear interested in abandoning economic relations with Beijing. But political influence depends on more than trade and investment. It depends on governments, institutions, strategic calculations and the broader political environment. Several developments suggest that the environment may be changing.
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