The Inter-American Dialogue (IAD) and Boston University’s Global Economic Governance Initiative (GEGI) began working together in 2011 to address a lack of publicly available information on Chinese finance in Latin ...
The U.S. Embassy in Managua on Jan. 6 expressed concerns about a lack of transparency surrounding the proposed $50 billion project to build a canal across Nicaragua. In 2013, the Central American country granted HKND Group a 50-year concession without opening bids to other companies. The Hong Kong-based company has not released the names of […]
by Margaret Myers China is an increasingly important economic partner for Latin America. Although the Chinese economy has slowed somewhat in recent years, trade and investment in LAC are on the rise. Chinese President Xi Jinping announced at this week’s China-CELAC Form that he expects to scale up China-LAC trade to $500 billion by the […]
The first ministerial meeting of the China-CELAC forum opens today in Beijing with members expected to discuss cooperation between Latin America and the Caribbean and China as well as the creation of institutions between the 33-member bloc and China. The presidents of Venezuela, Ecuador and Costa Rica are among the leaders attending. What is the […]
As oil prices drop, Venezuela and Ecuador are turning to China for more in the way of financial support. Venezuela’s finance minister, Rodolfo Marco Torres, traveled east on December 2nd for meetings with China’s National Development and Reform Commission (NDRC), China Eximbank, China Development Bank (CDB), Bank of China, PBoC, and China National Petroleum Corporation (CNPC). […]
The unprecedented expansion of credit from Chinese policy banks to Latin America has captured the attention of analysts and media alike. Against this backdrop, equally sizeable and growing Japanese lending in the region tends to go overlooked and underreported. But Japanese finance is visible across countries and sectors in the Western Hemisphere. The experiences of […]
The Chinese public continues to criticize Mexico’s cancellation last week of a prestigious railway deal with a consortium of Chinese and Mexican firms. After (then unconfirmed) news surfaced last Thursday that Mexico would revoke its agreement, some Chinese took to Weibo, China’s Twitter/Facebook hybrid, to condemn Mexico’s perceived dishonesty and caution against future dealings with the […]
China’s rapid economic growth and increasing international reach creates new possibilities for trade, investment and finance in the Caribbean, according to of Dragon in the Caribbean: China’s Global Re-dimensioning – Challenges and Opportunities for the Caribbean, a new book by Ambassador Richard Bernal of the Inter-American Development Bank. The Inter-American Dialogue was pleased to host […]