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China’s State Banks Extended No New Loans to Latin America and the Caribbean Last Year

by Cobus van Staden

For the second year in a row, Chinese policy banks (China Exim Bank and China Development Bank) extended no new loans to governments or state-owned enterprises in Latin America and the Caribbean (LAC). This was the finding of a new study by Boston University’s Global Development Policy Center in collaboration with Inter-American Dialogue.

It echoes a BU study released earlier this month that found that Chinese policy bank lending for overseas energy projects also plunged to zero.  

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