Chinese Loans to Latin America Top World Bank, IDB Combined
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China lent an estimated $75 billion to Latin America since 2005, with 82 percent of the loans given by China Development Bank Corp., a report said.
The governments of Venezuela, Brazil, Argentina and Ecuador received 91 percent of the total, according to a study that will be published in the Inter-American Dialogue today and that was e-mailed to Bloomberg News. China’s lending to the region in 2010 was more than the World Bank, the Inter-American Development Bank and the Export-Import Bank of the United States combined.