The Future of China-Venezuela Relations
China has became a critical economic partner for Venezuela over the past decade.
Since 2005, China has provided upwards of $87 billion in loan commitments to Latin American countries. China’s loan commitments of $37 billion in 2010 were more than those of the World Bank, Inter-American Development Bank, and U.S. Export-Import Bank combined. This interactive database provides up-to-date information on Chinese lending in Latin America by country, lender, sector and year.
This database stems from a collaborative project by Boston University’s Global Economic Governance Initiative and Tufts University’s Global Development and Environment Institute. The resulting Inter-American Dialogue publication, The New Banks in Town: Chinese Finance in Latin America, by Kevin Gallagher, Amos Irwin, and Katherine Koleski is the main source of featured data and conclusions. Loan data is updated on an annual basis.
China-Latin America Finance Database
China has became a critical economic partner for Venezuela over the past decade.
Chinese lending to Latin America and the Caribbean hit an all-time high of $37 billion in 2010.
The Fernández administration’s refusal to comply with a US court order to pay holdout hedge funds has once again landed Argentina in default.