While China's influence in Latin America remains significant, several countries are now reassessing the economic and political advantages of their relationships with Beijing. This reassessment is becoming evident in nations facing economic strain and geopolitical pressures.

China’s position in Latin America is far from collapsing, looking at the number of countries in the region that have switched diplomatic ties from Taipei to Beijing. But in parts of the continent, governments are increasingly reassessing what their relationships with Beijing are delivering economically and politically. The shift is becoming visible in countries such as Honduras, Venezuela and Cuba, where economic strain, energy instability and geopolitical pressure are exposing the limits of...