In the newest episode of The China-Global South Project Podcast, Margaret Myers, director of the Asia and Latin America Program at the Inter-American Dialogue, considered new trends in Chinese economic engagement with the LAC region.
Again this year, China’s policy banks—China Development Bank (CDB) and the Export-Import Bank of China (Eximbank)—issued no new finance to Latin American and Caribbean (LAC) governments or state-run companies, according to findings from the Inter-American Dialogue’s Asia and Latin America Program and the Boston University Global Development Policy Center (GDP).
The emergence of China as a new economic partner presents trade offs for Amazon basin countries. Without special care to avoid and minimize ecological and social impacts, the costs of development run the risk of outweighing its gains.
Margaret Myers, Kevin P. Gallagher, Rebecca Ray, Paulina Garzón, Dietmar Grimm, John Reid, Amy Rosenthal, Li Zhu