The deepening crisis in Chile just went global.
What began as high school students jumping over metro station turnstiles to protest fare increases spiraled into mass rallies and widespread violence that forced the cancellation of next month's APEC summit in Santiago, where U.S. President Donald Trump was due to sign a preliminary trade accord with Chinese leader Xi Jinping. The world's largest climate summit also has to find a new home.
The meetings were supposed to be a showcase for Chile, which has become one of Latin America's most prosperous countries since a military dictatorship ended in 1990. But the worst civil unrest in a generation, organized largely on social media, has revealed profound frustration among the poor and middle-class with their living conditions — declining faith in billionaire President Sebastian Pinera to do anything about it.
Beyond the street clashes, reminiscent of protests in Hong Kong, Lebanon and elsewhere, new questions loom over the Trump-Xi talks, with Beijing today casting doubt on their long-term success. The irony is the Santiago meeting held out the hope of reducing trade tensions and spurring economic growth, possibly helping ease pressure on people's pocketbooks that's fueling the demonstrations.
While there's little doubt a Trump-Xi tete-a-tete and the climate meeting will go ahead at some point, the world can ill afford delay.
— Karl Maier
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