At the China-CELAC Forum in Beijing, President Xi Jinping urged Latin American and Caribbean nations to join China in defending global peace and multilateralism. Trade surpassed $500bn last year, and Xi announced a $9.2bn credit line plus visa-free access for five countries. China seeks to rival US influence in the region, with Brazil’s President Lula calling China its top trading partner. The forum highlights Beijing’s growing ties through Belt and Road projects and trade deals. However, concerns remain over Chinese overcapacity, with some nations imposing tariffs to protect local industries.
Al Jazeera’s Katrina Yu reports from Beijing.
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