Chinese loans to LatAm drop off as pandemic strains ties
In:
Agri/Soft Commodities, Manufacturing & equipment, Metals and Mining
Region:
Americas, Asia-Pacific
For the first time in 15 years, China’s two biggest policy banks — the China Development Bank (CDB) and the Export-Import Bank of China (Chexim) — made no new loans to the LatAm region in 2020. At its peak in 2010, China provided a record $35 billion to the region.China’s...
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