Over the past decade, China's state-owned banks have provided about 119 billion USD in loans to Latin America, out of which 22.1 billion USD were granted last year alone, according to new data released by the US think tank The Inter-American Dialogue and the Global Economic Governance Initiative at Boston University. Researchers say that China is now the biggest lender to the region, even overtaking organizations such as the World Bank and the Inter-American Development Bank. Much of this money Read more [...]