Where the US leads, China follows close behind. Or is that vice versa? The question is especially pertinent in Latin America, where China’s president, Xi Jinping, is midway through a regional tour that culminates in Mexico before he meets Barack Obama in California. What makes Mr Xi’s trip noteworthy is that it follows a similar regional tour by Joe Biden, the US vice-president.
For fans of a multi-polar world, Mr Xi’s trip illustrates how fast the world is changing – and how China is prepared to pay to expand its sphere of influence too: in Trinidad & Tobago, Mr Xi stumped up $3bn in loans. Read more