Costa Rica wants China to plug $1 billion hole

Despite China’s faltering growth, Costa Rica is looking to Beijing to help it plug a growing hole in its public accounts, as it starts talks on the sale of a $1 billion bond.

Commodities producers in Latin America have long seen China as a deep-pocketed ally, and Costa Rica will be hoping it can emulate Venezuela and Ecuador, which have both secured Chinese funding this year as they battle the oil price crash.





Source: Financial Times