![]() and Margaret Myers (2017) “China-Latin America Finance Database,” Washington: Inter-American Dialogue. The China-Latin America Finance Database is a product of collaboration between the Inter-American Dialogue and the Global China Initiative at Boston University’s Global Development Policy (GDP) Center. My pur- pose in writing this essay is to outline the sources (particularly archival sources) that are most important to the history of banking and finance in. To access the GDP Center China-Latin America Economic Bulletin, 2019 Edition Even if Chinese policy banks continue to lend to LAC at relatively low levels, as they did in 20, the combined effect of Chinese policy bank, commercial bank, and other forms of lending will ensure a sizable Chinese financial presence in the region for years to come, potentially in a wider variety of projects. ![]() Relatively low rates of Chinese lending to LAC governments are possible in the near-term as Beijing exercises more caution in drawing down foreign reserves and as demand from China’s traditional loan recipients likely slows somewhat.Ecuador’s 2018 loans will reportedly be used to reconstruct earthquake-damaged infrastructure. China’s 2018 deal with Argentina supports the renovation of the San Martín cargo line. As in previous years, Chinese finance to LAC in 2018 focused overwhelmingly on infrastructure development.These funds contribute to sustainable and inclusive development in the region, and to promoting climate. A $5 billion loan to Venezuela accounted for nearly two-thirds of China’s lending to the region last year. 742 million of financing for 11 projects in 2021. Aside from a $600 million loan to the Dominican Republic, Chinese policy bank loans in 2018 were mostly directed toward the same set of countries that have received Chinese state finance for over a decade.Chinese state-to-state finance tops sovereign lending over the same period from either the World Bank or the Inter-American Development Bank. Exports, meanwhile, will trend higher as commodity prices remain high, benefiting metals. During this period the region went through two waves of financial crises. Additionally, Latin America has a young and growing population that contributes to faster growth. CDB and Eximbank have provided over $140 billion in finance to LAC since 2005. Deutsche Bank Research notes that Latin America’s flagship currencies, such as the Mexican peso and Brazilian real, will end the year higher than the dollar, as the greenback continues to weaken and central banks end a rate-hiking spree to curb inflation. financial crises in Latin America (LA) between the. In several Latin American countries, 30 to 50 percent of the population over age 15 have an account with a financial institution, compared to more than 90 percent in countries like the US, UK, or Spain, or roughly 80 percent in China. Despite a relative drop in activity in 20, China’s record of lending in the region continues to surpass that of other banks.The year 2018 was among the lowest on record for Chinese state-to-state finance in Latin America, with only approximately $7.7 billion in loans from China Development Bank and China Eximbank to Latin American governments and state-owned enterprises.See the newly-updated Dialogue-GDP Center China-Latin America Finance Database and our report Cautious Capital: Chinese Development Finance in LAC, 2018, for details on last year’s and previous loan agreements. The Inter-American Dialogue’s Latin America and the World program and the Global China Initiative at Boston University’s Global Development Policy Center (GDP) estimate that China’s policy banks, China Development Bank and China Eximbank, issued roughly $7.7 billion in loans to LAC governments and state-owned firms in 2018. 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