The Western academic literature and media coverage of the increasing economic and political relations between the People's Republic of China (PRC or China) and the Latin American and Caribbean countries contains biases, fears, and misinformation about those relations. Closer examination reveals that Chinese trade, investment and loans have supported the left-leaning governments in the region that are attempting to develop alternative postcapitalist societies. China's leaders seek allies among the developing countries to join with them in creating a new multipolar and more equitable global order. The PRC has launched a new economic strategy that makes consumer demand the main engine of China's economic development. It seeks to boost productivity, reduce the country's growing income disparities, and pursue an environmentally sustainable path of economic development based on advanced high-value and clean manufacturing technologies and renewable sources of clean energy. The PRC's goal of developing a new ecological civilization will provide opportunities for the Latin American and Caribbean economies to export a more diversified basket of goods to China and attract Chinese investments and loans into new areas such as renewable energy. La literatura academica occidental y la cobertura mediatica de las crecientes relaciones economicas y politicas entre la Republica Popular China (RPC o China) y los paises de America Latina y el Caribe incluyen prejuicios, miedos, y desinformacion respecto a esas relaciones. Un examen mas detenido revela que el comercio, la inversion, y los prestamos chinos han apoyado los gobiernos de izquierda en la region que intentan establecer sociedades alternativas post-capitalistas. Los lideres chinos buscan aliados entre los paises en vias de desarrollo para aunar esfuerzos en la creacion de un nuevo orden global multipolar y mas equitativo. La RPC ha lanzado una nueva estrategia economica colocando la demanda consumidora como motor principal del desarrollo economico chino. Busca impulsar la productividad, reducir las crecientes disparidades de ingresos en el pais, y emprender un camino sostenible de desarrollo economico en base a tecnologias avanzadas de alto valor y de manufactura limpia junto con fuentes renovables de energia limpia. El objetivo de la RPC de promover una nueva civilizacion ecologica brindara oportunidades para la exportacion de parte de las economias latinoamericanas y caribenas de una canasta mas diversificada de bienes a la China y de atraer inversiones y prestamos chinos en nuevas areas como la energia renovable.