Geopolitical Economy Report podcast

This is why China is gaining global influence, while USA loses it

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29:14
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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. VIDEO: https://www.youtube.com/watch?v=fRpe7W4vxHY 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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