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’s economic outreach in LAC has eroded Taiwan’s diplomatic presence in the region, but mixed investment results and divided public reception will complicate China’s attempts to cultivate new relations.
The China-Latin America agro-industrial relationship has been growing, and at a notable pace, prompted in large part by China’s evolving food security strategy
Margaret Myers, director of the Inter-American Dialogue’s Aisa and Latin America program talks to The Banker’s Silvia Pavoni about China’s relationship with Latin America from trade, investment, technology and infrastructure development.
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.
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.
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?
Congressional Testimony: Dollar Diplomacy or Debt Trap? Examining China’s Role in the Western Hemisphere
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.”