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Latin America is reassessing the benefits of warm ties with Beijing

South China Morning Post Juan Fernando Herrera Ramos 1 переглядів 2 хв читання
Latin America is reassessing the benefits of warm ties with Beijing
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Juan Fernando Herrera Ramos
OpinionJuan Fernando Herrera RamosLatin America is reassessing the benefits of warm ties with Beijing

From Honduras to Cuba and Venezuela, leaders are taking a more transactional view of what relations with Beijing really bring

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Honduran President Nasry Asfura, seen during general elections in Tegucigalpa, Honduras, on November 30, has ordered a review of deals with Beijing after Tegucigalpa cut ties with Taipei. Photo: AP
Juan Fernando Herrera RamosJuan Fernando Herrera Ramos is a Honduras-born journalist based in Taiwan covering Asia–Latin America relations, geopolitics, and supply-chain issues. Published: 8:30pm, 11 May 2026Updated: 9:31pm, 11 May 2026

Beijing’s position in Latin America is far from collapsing, looking at the number of countries in the region that have switched diplomatic ties to it from Taipei. But in parts of the continent, governments are increasingly reassessing what their relationships with Beijing are delivering economically and politically.

The shift is becoming visible in countries such as Honduras, Venezuela and Cuba, where economic strain, energy instability and geopolitical pressure are exposing the limits of partnerships that only a few years ago appeared strategically transformative.

For Beijing, Latin America remains an important arena for diplomacy, trade and long-term geopolitical influence. Chinese investment, infrastructure financing and commodity demand has helped expand its presence across the region during the past two decades. But recent developments suggest that diplomatic gains alone may no longer guarantee durable political or economic influence.

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Honduras has emerged as one of the clearest examples.

When Tegucigalpa switched diplomatic recognition from Taipei to Beijing in 2023, the decision was presented domestically as a strategic economic opportunity that would unlock investment, trade expansion and deeper integration with one of the world’s largest economies. Officials argued that establishing ties with Beijing would create new opportunities for exports and infrastructure development while strengthening Honduras’ position internationally.Advertisement

But expectations surrounding the relationship have increasingly come under pressure.

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