El Salvador’s change will likely contribute to the sense of urgency of the remaining states that recognize Taiwan to follow the Salvadoran example and close a deal with the PRC before the opportunities for negotiating compensation for doing so dry up.
Even though the outcome is a near-foregone conclusion, decision makers and analysts in the United States and the region must prepare for possible significant shifts in Venezuela following the May 20th elections.
We spoke to Margaret Myers, one of Global Americans’ 2018 New Generation of Public Intellectuals, to learn about her experience and her view on the future of Latin American dynamics with China and the United States.
Chinese investment and lending in the region declined last year, in part reflecting skittishness over the deteriorating situation in Venezuela. Despite the drop, Chinese state-to-state finance continues to outstrip the World Bank, IDB and CAF.