The geopolitical power dynamic between China and Taiwan is personified in how relations are unfolding in Latin America. China continues to extend its influence in the region through trade and investment while systematically alienating and undermining Taiwan’s dwindling number of allies in the process. “All of China’s economic moves are politically motivated,” Latin American economist Edwardo Hoffman told The Epoch Times. Though its allies in the region are diminishing, Taiwan is working to strengthen ties with friendly countries like Paraguay, Honduras, Guatemala, and Belize. Presently, there are only 14 countries in the world that recognize the island nation’s autonomy. On March 31, a delegation from Paraguay met with Taiwan’s President Tsai Ing-wen and signed two memorandums focusing on the promotion of investment and exports, the prevention of African Swine Flu, and a letter of intent on industrial policy cooperation between the nations. Representatives from Paraguay who attended the meeting were …