President Xi Jinping vowed on Tuesday to boost China's footprint in Latin America and the Caribbean with a new $9 billion credit line and fresh infrastructure investment, although Brazil warned the region not to become overly reliant on foreign funding.

China on Monday welcomed Latin American leaders and officials to Beijing as it seeks to draw the region closer in response to the trade war with the United States. A senior ministry official said on Sunday that Beijing had "always approached the development of China–Latin America relations from a strategic and long-term perspective".