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The U.S. and China Are Battling for Influence in Latin America, and the Pandemic Has Raised the Stakes Time 2/4/2021 Ciara Nugent/London © Carlos Jasso Reuters China’s President Xi Jinping and his wife Peng Liyuan with Panama’s then President Juan Carlos Varela and First Lady Lorena Castillo in December 2018 When Alex Almeida surveys his family farm in a rural corner of landlocked Paraguay, he sees mainly fields, punctuated by small houses with sheet-metal roofs and, in the distance, native lapacho trees blooming with bright yellow flowers. But despite the isolation, there’s only one place in the world the 23-year-old feels truly cut off from. Paraguayan exports of cows and sheep, like the 130 or so Almeida raises, are locked out of the second largest economy in the world, a source of frustration for an ambitious young farmer and student of agriculture. “The cell phone I’m speaking to you on now is from China,” he tells TIME from Caaguazú, a

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