[Brazil] - Paraguay: The 'Island' That Stands Alone in South America Resisting Chinese Influence

INSUBCONTINENT EXCLUSIVE:
According to a recent interview on American Thought Leaders with Jan Jekielek of The Epoch Times, Paraguay stands alone in South America by
economic promises
He believes other Latin American countries traded their autonomy for short-term gains and lost control of vital industries.Paraguay
experienced a traumatic event unique among its neighbors
This devastation isolated Paraguay culturally and economically, encouraging its people to adopt a stoic independence that persists
Stands Alone in South America Resisting Chinese Influence
created
That difficult past still shapes how leaders view global alliances and trade, making them wary of any arrangement that might threaten
It has maintained an independent central bank and a balanced fiscal approach for 25 years.Those moves helped cut poverty from 60 percent to
below 20 percent and led to an investment-grade credit rating
from becoming a significant player in river transport
connected to the Amazon basin, enabling cost-effective trade with regional partners
Stands Alone in South America Resisting Chinese Influence
(Photo Internet reproduction)Hydroelectric power further boosts its self-reliance
Paraguay exports 80 percent of the electricity it generates, mostly from the Itaipu dam
This massive complex consistently ranks among the top producers of renewable energy worldwide
Taiwan underscores its willingness to sacrifice immediate economic benefits for long-term stability
solidarity with Israel by moving its embassy to Jerusalem, despite international opposition
lessons from the 19th century guide its modern strategy