Margaret Myers, Director of the Dialogue’s Asia & Latin America Program, testified before the House Committee on Foreign Affairs on the subject of “Dollar Diplomacy or Debt Trap? Examining China’s Role in the Western Hemisphere.”
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…
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
Margaret Myers, directora del programa sobre Asia y América Latina en el Diálogo Interamericano, comenta para BBC sobre la visita de Bukele a Pekín y las relaciones diplomáticas entre El Salvador y China.
Regardless of the effect at home, Beijing’s trade-related outreach in Latin America will likely strengthen China’s overall ties to the region – specially if Latin American governments are able to achieve increasingly balanced trade.
A protracted trade war is expected to have lasting effects on the region’s economies. The IMF estimates slowing global growth in 2019, including in third markets, based on large part US-China trade tensions. Ongoing economic uncertainty could also weaken Latin American currencies if populations there invest in US dollars to avoid the effects of local currency devaluation.
After a divisive campaign season and unprecedented election year marked by the Covid-19 pandemic, Joe Biden will be sworn in today as the 46th president of the United States of America. What implications will his presidency have for US foreign policy, particularly in Latin America? Our experts share their opinions in these quotes, op-eds, interviews, and Q&As from the Latin America Advisor.
Michael Shifter, Michael Camilleri, Margaret Myers, Lisa Viscidi
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.
Margaret Myers, Kevin P. Gallagher
Articles & Op-Eds ˙
˙ The Global Americans