SAO PAULO -- China has deepened economic ties with South American countries in fields from logistics to satellite communications, increasing trade with the continent 40 times in two decades as the U.S. reduces involvement in what it has traditionally considered its backyard.
Trade
China tests U.S. clout in South America as trade balloons 40-fold
EVs, satellites and logistics part of accelerated push into Washington's 'backyard'
Containers are stacked at the Port of Chancay, a deep-water port built by China's COSCO Shipping that has cut travel times by over 10 days. © Reuters
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