China to invest $35 Billion in Latin America – New Infrastructure Deals on the Horizon

Facing potential US sanctions, China is poised to make a major investment in Latin American infrastructure. The Asian giant has pledged up to $35 billion for projects in Colombia and the broader region if U.S. measures impacting Chinese companies’ funding are carried out. This comes amidst growing rivalry between the US and China, which is beginning to impact economies in Latin America.