Latin America badly needs a China strategy
China is Latin America’s biggest lender and single investor, having made more than 70 loans worth around $140 billion to Central and South America and the Caribbean since 2009. What’s less clear is if the region itself is prepared to leverage the boom.
The result to date has been a lopsided playing field, where China takes the lead, controls the cash and writes the contracts, many of which are leonine.
Source: Bloomberg View