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This is why China is gaining global influence, while USA loses it
US politicians and media outlets complain about China's growing global influence, but offer no alternatives to help countries develop. China has the world's largest economy, produces inexpensive manufactured goods everyone wants, invests trillions in infrastructure, and doesn't interfere in internal affairs of foreign nations. Ben Norton compares what Washington and Beijing have done in Latin America, especially Peru and Nicaragua.
Topics
0:00 US politicians fearmonger about China
1:32 Non-interventionist foreign policy vs US wars
2:21 China: world's largest economy & manufacturer
3:49 China: biggest trading partner of most countries
4:36 Latin America
6:48 Belt & Road Initiative (BRI)
9:19 US alternative: tariffs & privatized infrastructure
11:42 BlackRock plans to buy up infrastructure
12:39 BlackRock CEO Larry Fink at G7 summit
13:49 China builds Peru's Chancay mega-port
15:56 USA threatens Latin America over Chinese-built port
18:09 US-backed coup in Peru
19:47 USA sells Peru old trains from 1980s
21:31 What US offers vs what China offers
23:40 Nicaragua canal plans
25:04 US attacks on Nicaragua's Sandinista Revolution
26:10 Why China is winning influence
29:02 Outro
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