Back to today’s briefing

Story perspectives

Xi Jinping Pledges $9 Billion to Strengthen Latin America Ties

5/14/2025

38 4

Left

Xi Strengthens Ties

In a bold move to strengthen ties with Latin America, Chinese President Xi Jinping hosted the fourth China-CELAC Forum in Beijing, pledging a staggering $9 billion in credit. As tensions with the U.S. rise, Xi condemned unilateralism, positioning China as a partner for mutual growth and a counterbalance to American influence in the region.

Right

Trump Advances Trade

President Trump announced promising developments in U.S.-China trade negotiations, hinting at a possible meeting with Xi Jinping. A new agreement will reduce U.S. tariffs on Chinese imports to 30% and Chinese tariffs to 10% over 90 days, signaling a hopeful shift towards easing tensions and fostering market stability between the two economic giants.

1 of 2

Xi Strengthens Ties

In a bold move to strengthen ties with Latin America, Chinese President Xi Jinping hosted the fourth China-CELAC Forum in Beijing, pledging a staggering $9 billion in credit. As tensions with the U.S. rise, Xi condemned unilateralism, positioning China as a partner for mutual growth and a counterbalance to American influence in the region.

1 / 2