GLOBAL CHINA INITIATIVE
The Global China Initiative (GCI) advances policy-oriented research on China’s overseas economic activity and engagement with international institutions in order to enable financial stability, human well-being and environmental sustainability.
GLOBAL CHINA RESEARCH SPOTLIGHT
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 Development Bank (CDB) in separate $800 million and $500 million agreements for long-term and short-term investments, respectively, in infrastructure and green economy in Brazil.
The CLLAC Database tracks public and publicly guaranteed loans from China’s two development finance institutions (DFIs) – the CDB and the Export-Import Bank of China (Ex-Im Bank) to LAC governments and state-owned enterprises.
A new joint report discusses the trends and implications of the changing China-LAC financial relationship.
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