The leaders of the three largest economies in the region travel to Beijing to participate in a summit with the Asian giant. During the week in which China boasts of having achieved that Donald Trump backed down in his trade war after reaching an agreement to suspend most tariffs,

Leaders and officials from Latin America and the Caribbean have descended on the Chinese capital for the China-CELAC (Community of Latin American and Caribbean States) Forum. Beijing has stepped up economic and political cooperation with Latin American nations in recent years and has urged a united front against US President Donald Trump's recent maelstrom of tariffs.

Chinese President Xi Jinping urged peace and stability through cooperation and solidarity in a meeting with leaders of South American and Caribbean countries after halting a tariff war with the U.S. According to a South China Morning Post report,

Chinese leader Xi Jinping has taken aim at “bullying” and “hegemonism,” in his first public remarks since a temporary truce over tariffs was agreed in the trade war between the United States and China.

At a Beijing forum this week, China has cast itself as defender of the multilateral order and backer of the Global South, with Xi pledging $9.2 billion in credit toward development.