Is China still the "big dog" in Brazil and Latin America?

... between president Trump and North Korea leader Kim. The "postponement" helps reinforce the notion held by many business and political leaders in the Southern Hemisphere that official Washington continues to assign a low importance level to "Latin America."  More importantly, it provides yet another signal that Trump's Washington is eager to  engage in a trade war with LatAm nations, and with China, as it has already done with Russia.  Perhaps with all the fallout from the Lava Jato ...