Rio Times · Analysis

Key Facts

—The New Cold War Frame Scholars and policymakers increasingly describe current geopolitics as a ‘new Cold War’ where the US and its allies compete with China and Russia, forcing smaller states to hedge their bets.

—Latin America as Swing Region A Peruvian defence study concludes Latin America now plays an essential role in the global strategic competition, becoming a theatre for influence operations, investment deals and military positioning.

—The BRI Factor Twenty-one Latin American nations have signed up to China’s Belt and Road Initiative, with Chile, Costa Rica, Ecuador and Peru also holding formal free-trade agreements with Beijing.