China Development Bank in Latin America and the Caribbean

The China Development Bank is a public financial institution that provides financing for infrastructure and energy development projects both within China and around the world. Nevertheless, the activities of this financial entity have been criticized by some social and environmental movements.

The changing phase of China’s lending practices in Latin America and the Caribbean

It is plausible that 2020 marked an inflection point in China’s relationship with Latin America and the Caribbean (LAC). According to joint research between Boston University’s Global Development Policy Center and the Inter-American Dialogue, last year was the first time, since 2006, that Chinese policy banks did not extend new loans to LAC governments.

China-Latin America Conference on sustainable development objectives

Diplomatic envoys from Ecuador, Guyana, Venezuela, the Dominican Republic, Panama, Grenada, Uruguay, Cuba, Barbados, Peru, Mexico, and Suriname, among other countries, attended the meeting, along with more than a dozen experts and academics from the Institute of Latin American Studies of the Chinese Academy of Social Sciences, the Jiangxi Academy of Social Sciences, and Jiangxi Agricultural University.

U.S. response to rising Chinese investment in Latin America and the Caribbean

As reported a few months ago by El Observador Research Center, China is currently positioned as the third largest source of foreign capital in Latin America and the Caribbean. In fact, between 2015 and 2020, Chinese investment in the region amounted to some US$74.85 billion, allocated to the exploitation of natural resources, the energy sector, the transportation sector, and the telecommunications sector.

Alicia Bárcena says that cooperation between China and Latin America and the Caribbean provides an opportunity to reduce global asymmetries

The ECLAC Executive Secretary stressed that China has a long-term outlook and a clear vision of its horizons and goals. She emphasized that China has managed to advance in technological innovation and overcome poverty very quickly and effectively. “This is why we believe that it is very important to study and understand the Belt and Road Initiative in depth and evaluate the participation of the region’s countries —beyond the 19 countries that have already joined it— whatever each of these decides to advance in; whether it be digital, air, or maritime connectivity or in health or cultural aspects”, said Bércena.

Coronavirus and the Changing Face of Sino-Latin American Relations

From small nations such as Belize and Barbados to heavily populated countries like Mexico and Brazil, the Latin America-Caribbean region is one of infinite diversity. Similarly, the spectrum of productive capacity and levels of gross domestic product is as varied as its climate, flora, and fauna. If we are to develop a clearer understanding of the issues that impact the region as a whole, it is important to consider a variety of perspectives and opinions. To reflect this diversity, we interviewed six Latin American academics, asking them to consider the following question: how has COVID-19 affected the relationship between China and the countries that make up Latin America and the Caribbean?

COVID-19 aid from China to Latin America twice that of US as it increases investments in the region

The global paralysis caused by COVID-19 has brought the world economy into crisis. Yet amid such adversity, China has increased its capital export to Latin America through what analysts have dubbed “mask diplomacy.” Donations of medical supplies to the region in excess of $380m have been the instrument of its latest phase of expansion. Linked in some cases to the concept of guanxi (关系)—the networks of trust and reciprocity of Chinese philosophy—the stage is now being set for further expansion and the continuing battle for global leadership.

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