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 $9 billion to the region in 2017.
Video
How will increasing Asian investment in Latin America influence economics and politics in the region?
Estima-se que a China tenha concedido empréstimos no valor aproximado de US$ 86 bilhões a países da América
Latina desde 2005. Esse montante é mais alto que o conjunto de empréstimos concedidos pelo Banco Mundial, o
Banco Inter-Americano de Desenvolvimento (BID) e o Banco de Exportação-Importação dos Estados Unidos (US Ex-Im Bank) nesse mesmo período.
Estimates of the volume, composition, and characteristics of Chinese lending to the region since 2005.
