
The growing competition between Washington and Beijing for influence offers opportunity and perils. By Mac Margolis, Bloomberg — In his recent swing through Latin America, U.S. Secretary of State Mike Pompeo had some stern words for regional leaders about Chinese bearing gifts. “Malign practices,” “predatory loans,” envoys toting “bags full of money” to bribe officials: Such were the hazards of consorting with the would-be mandarins of the Americas, he said…