China provided relatively little state finance to Latin America in 2018, but China remains a key source of credit for some countries in LAC.
How has the trade dynamic between Brazil and China changed in recent years, and will trade flows increase significantly in the near future? What implications would stronger trade ties between the countries have for their other trading partners?
As the situation in Venezuela continues to unfold, Phoenix TV spoke with the Director of the Dialogue’s Asia & Latin America Program Margaret Myers on China’s position regarding the ongoing Venezuelan crisis, as well as how China’s approach to the country differs from Russia’s.
Japan is upgrading its relations with Latin America with a focus on innovation, sustainable infrastructure and value chain development.
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.
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.
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.