How is China financing Latam?
China’s policy banks—China Development Bank and China Export-Import Bank—are no longer issuing the sorts of multi-billion dollar, oil-backed loans that once characterized Chinese financial engagement with the region. The report “What Role for China’s Policy Banks in LAC?”, by Margaret Myers, director of the Asia and Latin America Program at the Inter-American Dialogue, and Rebecca Ray, senior academic researcher at the Boston University Global Development Policy Center, shows the new trends in Chinese financing for the region. See the full report at www.thedialogue.org Key Takeaways: China’s engagement with the Latin American and Caribbean (LAC) region was for many years characterized by extensive, state-led finance issued to LAC governments or state-owned enterprises (SOEs). This finance mostly supported large-scale energy and transport […]