Best outcomes for Panama, whether in its relations with China or other economic partners, will depend on the country’s commitment to open and equitable procurement processes and effective project monitoring and evaluation.
China and the Amazon: Toward a Framework for Maximizing Benefits and Mitigating Risks of Infrastructure Development
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.
The Dominican Republic’s president, Danilo Medina, in late March met with Chinese Vice Premier Hu Chunhua in Santo Domingo, where they agreed on new economic cooperation accords and followed up on agreements that the two countries made last year. How much have ties with China paid off for the Dominican Republic?
China’s interest in Latin America has cooled — and that trend will continue.
In a wide-ranging panel about current events in energy, Lisa Viscidi commented on the shift in the US energy trade balance and its effects on foreign policy, Chinese financing for foreign energy projects, the importance of upgrading transmission lines for expanding renewable power generation, and how the Green New Deal attempts to reframe the discussion on climate change in the US.
China provided relatively little state finance to Latin America in 2018, but China remains a key source of credit for some countries in LAC.
On November 14th, the Inter-American Dialogue convened a panel of experts to discuss current trends and prospects of Chinese infrastructure development in Latin America and the Caribbean. The event was moderated by Margaret Myers, director of the Inter-American Dialogue’s Asia & Latin America Program.
China this month agreed to extend $5 billion in credit to Venezuela as the South American country faces severe economic problems including hyperinflation and dire shortages of food, medicines and basic goods. Finance Minister Simón Zerpa announced the credit line as President Nicolás Maduro was departing for China to seek…
Latin American governments are increasingly looking to China to address the region’s glaring infrastructure deficit. However, if history is any indication, China’s commitment to Latin American infrastructure development is unlikely to result in a slew of mega-projects in the coming years.
Chinese-built infrastructure can indeed be a boon for Latin America, but making this happen will require no shortage of strategic thinking on the part of policymakers.
Joining the Belt and Road is an easy sell for Latin America because the Initiative promises much and demands little, writes Ricardo Barrios.
La fuerte disminución en el 2017 se debe a que los bancos estatales chinos se abstuvieron de hacer préstamos a Venezuela, de lejos el mayor receptor de financiamiento del gigante asiático en la región desde el 2005.
Chinese investment and lending in the region declined last year, in part reflecting skittishness over the deteriorating situation in Venezuela. Despite the drop, Chinese state-to-state finance continues to outstrip the World Bank, IDB and CAF.
China’s record of lending in LAC continues to surpass that of other banks, even though policy banks issued only $9 billion to the region in 2017.