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Energy on the agenda in Chinese leader’s LatAm tour

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Chinese President Xi Jinping’s stops show China’s desire to diversify its energy base, say experts.

Chinese President Xi Jinping is in the midst of a trip through the Americas this week, which began with a stop in Trinidad and Tobago, followed by Costa Rica. Xi will head to Mexico on Tuesday for a two-day trip before ending his journey in the United States.  The headline grabbing story of his visit to Latin America this week will surely be that it comes on the heels of U.S. Vice President Joe Biden’s visit earlier this month. But rather than viewing it as a hemispheric battle for influence between the world’s two economic giants, Margaret Myers of the Inter-American Dialogue tells Latin Business Chronicle that the trip should be viewed as one of purely economic convenience for China with a particular eye toward diversifying the country’s energy sources.

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