The Chinese Loans to Latin America and the Caribbean (CLLAC) Database, jointly managed by the Inter-American Dialogue and the Boston University Global Development Policy Center, recorded two new Chinese overseas finance commitments in 2023 worth a combined $1.3 billion. Both loans were made to Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) by the […]
China’s leadership is increasingly aware of the importance of environmental sustainability as a key factor in the success of the Belt and Road Initiative (BRI), an initiative first raised publicly by Chinese leader Xi Jinping in 2013 for intercontinental development and economic cooperation. The BRI puts transportation and energy infrastructure among its top priority areas, […]
On Weds., Feb. 24, the Global Development Policy (GDP) Center and the Inter-American Dialogue (IAD) hosted a webinar discussion to highlight new research on Chinese overseas development lending to both global energy projects and Latin America and the Caribbean (LAC). The webinar covered updates to two different interactive databases, both with supporting policy materials: China-Latin […]
Chinese policy bank finance to Latin American and Caribbean (LAC) governments and state-run companies fell to roughly $1.1 billion in 2019, down from the $2.1 billion that the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM) provided to the region the year before. The low levels of Chinese policy bank lending in […]
The emergence of China as a new economic partner for Amazon basin countries has brought benefits to South America and China alike. In less than two decades, China has become an important market for the region’s products and an essential source of finance and investment. The burgeoning relationship has granted China access to new products […]