Chinese involvement in Latin America not a threat, says US

The US does not feel threatened by China's growing involvement in Latin America and feels that cooperation between the US and China in Latin America can be a win-win-win situation for all parties, said Roberta Jackson, United States assistant secretary of state for western hemisphere affairs.

The US provides Latin American consumers with mostly high-end and value added products, which is different to what China offers, said Jackson at the sixth China-US sub-dialogue on Latin America, according to Chinese news source Xinhuanet.

"We do not in any way see China as a threat. What we do see is the potential for greater partnership," she said, adding that she does not feel involvement in Latin America is a zero-sum game in which one party must either win or lose.

As long as trade and investment are based on international rules and comply with local labor and environment standards, growing Chinese interest in the region is "absolutely and definitely a good thing," said Jackson.