China’s billions of dollars in global investments and infrastructure projects seem to be paying off politically and economically.
Just recently, Honduras signalled it is set to cut diplomatic ties with Taiwan, having been one of the few remaining countries to recognise the island as a state. This switch of allegiances would be a coup for China, which sees Taiwan as part of its jurisdiction, but also a sign of diminishing US power in Latin America, since the US is a long-time supporter of Taiwan.
China’s influence seems to be everywhere. Days before Chinese president Xi Jinping flew into Moscow to discuss the Ukraine war with Russia’s Vladimir Putin, China had brokered a deal between Iran and Saudi Arabia.
