Look Who’s Moving in USA’s ‘Own Backyard’

In 2008 Washington created a special Pentagon command, AFRICOM, to counter the major Chinese economic initiatives in Africa to make loans and give soft credits in return for long-term trade agreements for oil and other African raw materials. Results have been poor in terms of stopping China’s search for raw materials for its growing economy. Now China has taken a new bold step to challenge the de facto imperialist American “Monroe Doctrine” by making major initiatives into Latin America. Washington’s “own backyard.”