Video message to complement today’s newsletter on growing NATO-Russia escalation – 22 Nov 2024
We think this video complements our recent newsletters. Our newsletter subscribers will benefit the most.
Economist Christian Takushi explains the impact of Trump’s trifecta on the world, Europe and LatAm. Winners & Losers. How are non-Western nations responding? APEC 2024 & G20 Summits in LatAm. How Peru balances China and USA with US-ally South Korea. Countries with investment potential during Trump’s 2nd administration.
Important note on China: Christian Takushi also highlights that President Xi showed composure (understanding?) and responded well to the counter-balancing act by Peru. The signing of a defence treaty with a US ally at the same summit was a little bit of an “offence” in an Asian culture. But the stakes are high, this is the Western hemisphere and Washington is concerned that a long time US ally wants to do so much business with China.
At the APEC Summit President Xi behaved very politely and was self-controlled. The Chinese officials did not display any overtly celebratory mood though. I think they were aware this was a difficult moment for US officials present. We should also remember originally Peru wanted America to build this port, but the USA showed no interest. Neither did Europe. China finally built it. Over all US and Chinese officials handled the summit with propriety.
The Trump aides that say South American nations have sold out to China are throwing all these nations in one basket. Such statements are counterproductive and only strengthen the hand of China in Latam and weaken the standing of those nations that make an effort to balance the growing China influence.
China seems to accept that there are constraints and that US allies or partners are willing to counterbalance China’s strong influence with certain measures. It also seems that some Trump aides are not aware that Peru has accepted to use US-Customs Scanners to check everything that goes in and out of that strategic port. That is a remarkable detail that shows the US is vigilant and that so far the advance of China can be done in a responsible way that involved the USA.
Christian Takushi’s message to Western officials: “If we don’t build the infrastructure in Asia or Latin America, and China does, then we need a clear strategy on how to accompany those projects. A way that helps us keep security, but that is also fair and acceptable to China and all nations involved. Anything else would be counterproductive to our National Security”
Title: Winners & Losers of tougher US policies, China & S Korea in LatAm, Chancay port, Europe ..
Subtitle: Peru is balancing China’s growing influence with a strategic defence cooperation with South Korea (a close US ally)
https://youtu.be/XfSK_BqiLIk?si=iJQ9xS9ou_cqpiV5
An excerpt of our non-partisan analysis:
A Harris or Trump administration pose severe challenges to Europe. Tougher economic & foreign policies loom. America, South East Asia and South America to benefit. Europe and Mexico could be the biggest losers.
Contingency Plans
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Kind regards
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Global Geopolitical Research, Switzerland, 22 Nov 2024
Research made in Switzerland
Geopolitical and economic conditions need close monitoring, because they can change suddenly.
No part of this analysis should be taken or construed as an investment recommendation.
info@geopoliticalresearch.com