On March 26, 2015, Eric R. Fischer, Senior Fellow at the Boston...
China Takes Over the World
In the past 15 years, China has become a hugely important player in Latin America. According to a study conducted by the United Nations, China will surpass Europe as Latin America’s second largest trading partner in 2016. While the United States remains the largest trading partner for the region as a whole, China is now the largest trading partner for Brazil, Chile and Peru, and the second largest trading partner for Mexico.
Meanwhile, China has become a major source of finance for Latin America. According to a new report, China has loaned more than $100 billion to Latin American countries since 2005, and in 2010, it loaned more to the region than the World Bank, Inter-American Development Bank and U.S. Export-Import Bank combined.
The following guests join us to discuss China’s economic presence, lending practices and strategic interests in Latin America.
• Kevin Gallagher, Co-Director, Global Economic Governance Initiative, Frederick S. Pardee Center for the Study of the Longer-Range Future, Boston University
• Margaret Myers, Director, China and Latin America Program, Inter-American Dialogue
Listen to the discussion at: programme.rthk.hk