In recent years, Washington has experienced erosion of its influence South America, driven by the rise of Brazil, the region's left turn, the growing influence of China and Venezuela's use of oil revenue to promote multipolar diplomacy. ..…

By late 2015, China's expected growth rates had been cut half, to 6 or 7 percent, in turn, triggered in the price of oil and other raw materials, destabilizing economies Brazil, Russia, Saudi Arabia, Venezuela, and elsewhere.47. China's debt has grown to about 260 percent of GDP..…