For some time now, almost everything in Latin America has had something to do with China, warns Spanish economist Alicia García Herrero.
The relationship between the two regions began with commodity trade when China became the main buyer of raw materials after putting its economy "on steroids" to protect itself from the effects of the 2008 global financial crisis.
"China has managed to turn the tables by flooding Latin American countries with its exports of consumer goods and, more recently, intermediate goods such as machinery, electronic components, and many others, in direct competition with the United States and, above . . .