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US’s Renewed “Monroe Doctrine” Raises Risks for LatAm, China Assets

The US’s renewed “Monroe Doctrine” approach - seeking hemispheric dominance to counter China’s regional influence - poses risks and potential benefits for Latin America, while increasing risks for Chinese corporates’ strategic assets in the region, Fitch Ratings says in two reports. For Latin America, greater US scrutiny could hinder economically beneficial engagement with China, but could also attract greater US investment. [....]