- EU leaders are unsure how to address China's dominance, as cheap goods and overcapacity are squeezing European markets.
- China uses overcapacity, devaluation, and rare earth weaponization while European leaders adjust policy stances.
Brussels and Beijing Compete for Influence in Paraguay
What happened
Brussels and Beijing are currently vying for influence in Paraguay. Paraguay is a small landlocked country situated in the middle of great-power contests, including those involving Beijing and Brussels. In 2025, Paraguay's economy reached US$49.3 billion, with Brazil and Argentina accounting for 60.6% of its registered exports.
From riotimesonline.com
Why it matters
The competition for influence occurs amid continuous trade negotiations and market competition between the European Union and China. This geopolitical pressure affects Paraguay, which is the only South American state that recognizes Taiwan rather than China.
European leaders are unsure how to address China's dominance, as cheap goods and overcapacity are squeezing European markets.
From riotimesonline.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ParaguaySpeculative
Might face changes in trade or investment as competition between Beijing and Brussels for influence increases.
Keep exploring
Part of
China uses overcapacity, devaluation, and rare earth weaponization while European leaders adjust policy stances.Also in this story
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