WASHINGTON (AP) — Secretary of State Rex Tillerson on Thursday warned countries in the Western Hemisphere to beware of Chinese investment, saying it is reminiscent of European colonialism. He also derided Russia for selling weaponry to unfriendly, authoritarian governments in the region.
Before embarking Thursday on a five-nation trip to Latin America, Tillerson said China seeks only to enrich itself with investment and development projects. He said regional governments should protect themselves against "predatory actors that are now showing up in our hemisphere," specifically mentioning China. He said Chinese investment may look good but comes with a heavy price.
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