China's Lending Money Again to Countries in the Americas
03/30/23 • 43 min
Chinese lending to countries in Latin America and the Caribbean is gaining momentum. For the second year in a row, China's two largest policy banks have increased lending to countries in the region, albeit in much smaller amounts than what they did a decade ago.
At the same time, there's word that China has spent close to a quarter trillion dollars over the past twenty years to bail out dozens of countries struggling to stay afloat under the weight of such much debt.
Margaret Myers, director of the Asia and Latin America program at the Inter-American Dialogue in Washington, D.C., and Rebecca Ray, two of the world's leading experts in Chinese overseas development finance, joins Eric to discuss how these two seemingly divergent trends actually align with one another and why the Americas is emerging as a key market for Chinese creditors.
SHOW NOTES:
- Inter-American Dialogue: At a Crossroads: Chinese Development Finance to Latin America and the Caribbean, 2022 by Margaret Myers and Rebecca Ray: https://bit.ly/3LYKuTK
- Boston University Global Development Policy Center: “Small is Beautiful”: A New Era in China’s Overseas Development Finance? by Rebecca Ray: https://bit.ly/3Hnm8iL
JOIN THE DISCUSSION:
Twitter: @ChinaGSProject| @stadenesque | @eric_olander | @myersmargaret | @bubeckyray
Facebook: www.facebook.com/ChinaAfricaProject
FOLLOW CAP IN FRENCH AND ARABIC:
Français: www.projetafriquechine.com | @AfrikChine
عربي: www.akhbaralsin-africia.com | @AkhbarAlSinAfr
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Become a CAP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CAP Podcast mug!
Chinese lending to countries in Latin America and the Caribbean is gaining momentum. For the second year in a row, China's two largest policy banks have increased lending to countries in the region, albeit in much smaller amounts than what they did a decade ago.
At the same time, there's word that China has spent close to a quarter trillion dollars over the past twenty years to bail out dozens of countries struggling to stay afloat under the weight of such much debt.
Margaret Myers, director of the Asia and Latin America program at the Inter-American Dialogue in Washington, D.C., and Rebecca Ray, two of the world's leading experts in Chinese overseas development finance, joins Eric to discuss how these two seemingly divergent trends actually align with one another and why the Americas is emerging as a key market for Chinese creditors.
SHOW NOTES:
- Inter-American Dialogue: At a Crossroads: Chinese Development Finance to Latin America and the Caribbean, 2022 by Margaret Myers and Rebecca Ray: https://bit.ly/3LYKuTK
- Boston University Global Development Policy Center: “Small is Beautiful”: A New Era in China’s Overseas Development Finance? by Rebecca Ray: https://bit.ly/3Hnm8iL
JOIN THE DISCUSSION:
Twitter: @ChinaGSProject| @stadenesque | @eric_olander | @myersmargaret | @bubeckyray
Facebook: www.facebook.com/ChinaAfricaProject
FOLLOW CAP IN FRENCH AND ARABIC:
Français: www.projetafriquechine.com | @AfrikChine
عربي: www.akhbaralsin-africia.com | @AkhbarAlSinAfr
JOIN US ON PATREON!
Become a CAP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CAP Podcast mug!
Previous Episode
Reporting Tips for African Journalists Covering China
Reporting on China is difficult even for the most experienced journalist who's spent years living there and speaks the language. So, it's not surprising that reporters in Africa who've had limited exposure to the country often struggle to cover China-related news.
In this special episode produced in conjunction with the Africa-China Reporting Project (ACRP) at Wits University in Johannesburg, Eric is joined by veteran China Watcher, Kaiser Kuo, founder and host of the popular Sinica podcast, to discuss how African journalists can improve their reporting on China.
The interview with Kaiser was recorded during a live online workshop hosted by ACRP Project Coordinator Bongiwe Tutu that included questions from African journalists who participated in the event.
SHOW NOTES:
- The China Project: Listen to the Sinica podcast: https://bit.ly/3lsspTl
- South China Morning Post: How Kaiser Kuo became a leading player in China podcasting and kept on rocking: https://bit.ly/3yXkUGU
JOIN THE DISCUSSION:
Twitter: @ChinaGSProject| @stadenesque | @eric_olander | @kaiserkuo | @sinicapodcast
Facebook: www.facebook.com/ChinaAfricaProject
FOLLOW CAP IN FRENCH AND ARABIC:
Français: www.projetafriquechine.com | @AfrikChine
عربي: www.akhbaralsin-africia.com | @AkhbarAlSinAfr
JOIN US ON PATREON!
Become a CAP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CAP Podcast mug!
Next Episode
What China's Past Tells Us About the Future of its Foreign Policy in Asia
Singaporean Prime Minister Lee Hsien Loong and Malaysian Prime Minister Anwar Ibrahim both wrapped up state visits to China last week and their discussions with President Xi Jinping revealed some fascinating linkages between contemporary Chinese foreign policy objectives and Beijing's historical perception of its role as Asia's central power.
Antoine Roth, an international relations scholar at Tohoku University in Japan explores those themes in his new book "A Hierarchical Vision of Order: Understanding Chinese Foreign Policy in Asia." He joins Eric & Cobus from Sendai to discuss what lessons can be drawn from China's diplomatic history in Asia that can inform a better understanding of contemporary trends in Chinese foreign policy in other parts of the world.
SHOW NOTES:
- Amazon: A Hierarchical Vision of Order: Understanding Chinese Foreign Policy in Asia by Antoine Roth: https://amzn.to/3m532qN
JOIN THE DISCUSSION:
Twitter: @ChinaGSProject| @stadenesque | @eric_olander | @antoineroth
Facebook: www.facebook.com/ChinaAfricaProject
FOLLOW CAP IN FRENCH AND ARABIC:
Français: www.projetafriquechine.com | @AfrikChine
عربي: www.akhbaralsin-africia.com | @AkhbarAlSinAfr
JOIN US ON PATREON!
Become a CAP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CAP Podcast mug!
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