Lithium

After nearly two decades of reign over Bolivia, the Movement Toward Socialism (MAS) party was banished at the ballot box on August 17. Its fall is a dramatic political realignment to the right for Bolivians, and a rare opportunity for the United States to reform relations with a geopolitically critical nation. As one expert, Leonardo Coutinho, told us, “The Trump administration can not only contribute to the restoration of democracy but also play a central role in dismantling a fully functioning narco-state.” Despite its 25 percent inflation rate and a 93 percent debt-to-GDP ratio, Bolivia is rich in natural resources, boasting some of the world’s largest lithium reserves, making it an attractive target for both American and Chinese grand strategies.

China greeted America’s chaotic retreat from Afghanistan and the Taliban seizure of power with a mixture of glee and trepidation. Its well-oiled propaganda machine has revelled in the fall of Kabul, but Beijing is fretting over the threat of instability on its doorstep – and there is a very real possibility that China will become next power sucked into the ‘graveyard of empires’. The humbling of the United States in Afghanistan fits nicely into the Chinese narrative of American decline, but Beijing has also used the withdrawal to pile pressure on Taiwan, warning the self-governing democratic island that Washington is an unreliable ally. ‘Afghanistan today, Taiwan tomorrow,’ ran a headline in the Global Times, a communist party tabloid.