China counts wins and losses among swing nations in new power rivalry era

The US-China race for hi-tech resources intensifies across the Global South, pressuring swing nations in the middle to strike a balance. The Venezuela crisis has laid bare the limits of China's economic-centric diplomacy in competing with the US, serving as a stark reminder that spheres of influence continue to shape global politics in this new era of great power rivalry.

In the intensifying rivalry between the US and China for sway among middle powers and so-called swing states—those not fully aligned with either great power—China has expanded its presence through economic clout, infrastructure investments, and strategic partnerships in regions traditionally dominated by the US.

China has also deepened technological and scientific cooperation with the region, which it views as central to its drive for a united Global South capable of countering US pressure and advancing a new multipolar international order.

The Venezuela crisis has delivered a stark reminder of the limits of China's economic-centric diplomacy towards third countries in its competition with the US. While China has made inroads in Latin America, Africa, and Southeast Asia—such as partnerships in Bolivia and Argentina—swing nations like India, Panama, and Canada face pressures to choose sides. Keywords highlight figures like Nicolas Maduro and Trump, alongside Brics, underscoring geopolitical dynamics.

Observers note that despite these efforts, the reality of spheres of influence constrains China's approach.

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Spanish PM Pedro Sánchez speaks at Tsinghua University in Beijing, urging accurate understanding of China and stronger Europe-China ties.
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Spanish PM Sánchez calls for clear-eyed view of China

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Spanish Prime Minister Pedro Sánchez urged a more accurate understanding of China during a speech at Tsinghua University in Beijing. He met with Chinese President Xi Jinping, stating Spain opposes a 'new Cold War' and decoupling while supporting enhanced Europe-China cooperation. The visit aims to deepen bilateral comprehensive strategic partnership.

Chinese political scientist Zheng Yongnian has warned Southeast Asian nations not to assume US backing or leverage US-China tensions for their own gains, as such a strategy could backfire. Members of the Association of Southeast Asian Nations (Asean) face a delicate balancing act between the US and China, its largest trading partner, amid ramped-up naval presence by both Beijing and Washington in the South China Sea.

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The United States and China are intensifying a legal arms race with competing sanctions and regulations that trap global firms in conflicting compliance demands. This development comes amid US President Donald Trump’s visit to China and ongoing disruptions from the US-Iran war.

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