MercoPress. South Atlantic News Agency
China has become Latin America's leading banker: 22bn dollars in 2014
Loans by China's state-owned banks to Latin American countries rose by 71% to 22bn dollars in 2014, according to estimates published by the China-Latin America Finance Database. The figure is the second largest on record for Chinese lending in Latin America, according to the report. Read full article
Comments
Disclaimer & comment rulesChina is doing great in some south America countries,
Feb 28th, 2015 - 10:07 am - Link - Report abuse 0some south American countries think its great having a new friend,
eye say,
one should always be very weary of the reds carrying soiled gifs,
for the devil also wears red,
just saying like.
It's lovely to see the children in charge of SA playing with fire!
Feb 28th, 2015 - 10:41 am - Link - Report abuse 0Regrettably, the fire will come to consume what they love and it will all be 'but how did this happen, this is not FAIR!'
As if that will bother the Chin one iota.
Like payday loans......someone has to do it.
Feb 28th, 2015 - 03:25 pm - Link - Report abuse 0What a legacy for the next government, I really feel sorry for the Argentines having to put up with the shit government decisions.
Feb 28th, 2015 - 04:07 pm - Link - Report abuse 0Since 2005, China has provided more than $119 billion in loan commitments to Latin American countries and firms. Chinese loans to Latin America in 2010 were more than those of the World Bank, Inter-American Development Bank, and U.S. Export-Import Bank combined. This database provides up-to-date information on Chinese lending in Latin America by country, lender, sector and year.
Feb 28th, 2015 - 05:31 pm - Link - Report abuse 0http://www.thedialogue.org/map_list
then press Enter….
• COUNTRYNO. OF LOANSAMOUNT
• Venezuela
16
$56.3B
o CountryAmount
o Venezuela$56.3B
• Brazil
10
$22B
o CountryAmount
o Brazil$22B
• Argentina
10
$19B
o CountryAmount
o Argentina$19B
• Ecuador
12
$10.8B
o CountryAmount
o Ecuador$10.8B
• Bahamas
3
$2.9B
o CountryAmount
o Bahamas$2.9B
• Mexico
3
$2.4B
o CountryAmount
o Mexico$2.4B
• Peru
4
$2.3B
o CountryAmount
o Peru$2.3B
• Jamaica
8
$1.4B
o CountryAmount
o Jamaica$1.4B
• Bolivia
3
$611M
o CountryAmount
o Bolivia$611M
• Costa Rica
2
$401M
o CountryAmount
o Costa Rica$401M
• Honduras
1
$298M
o CountryAmount
o Honduras$298M
• Chile
1
$150M
o CountryAmount
o Chile$150M
• Guyana
1
$130M
o CountryAmount
o Guyana$130M
• Colombia
1
$75M
o CountryAmount
o Colombia$75M
• Uruguay
1
$10M
you will get the meaning...lol
China is investing in their own future. The only problem is what they are investing in. If you compare two investors....one an experienced investor and the other ...not so much and you look at their portfolios. The experienced investor would have blue chips, large caps and maybe some mid....bonds, and a small portion for risk. The other..........penny stocks. That what China has done ...invested in penny stocks.......and penny stocks are sold through boiler rooms. The only difference though is that China WILL come collecting in kind when SA defaults on them.
Mar 01st, 2015 - 01:37 am - Link - Report abuse 0I think China knows it isn't getting its money back, the best bankers never let their borrowers to clear their debt. China also has a history of losing money in order to create an environment where it has a monopoly.
Mar 01st, 2015 - 01:50 pm - Link - Report abuse 0Sorry the list was long,
Mar 01st, 2015 - 02:54 pm - Link - Report abuse 0but these south Americans are getting more and more into Chinese debt,
and the price will be very high.
8 Briton
Mar 01st, 2015 - 03:55 pm - Link - Report abuse 0Argentina will be Chinese within 25 years.
Justice for Nisman
Argentina pay your debts
Agreed
Mar 01st, 2015 - 07:08 pm - Link - Report abuse 0@ 7 screenname
Mar 02nd, 2015 - 01:24 am - Link - Report abuse 0You make a very good point there. I doubt there are many Argentines that are as astute as you are.
Wise words indeed.
7
Mar 02nd, 2015 - 04:40 am - Link - Report abuse 0Yes, an enlightened observation.
Very ominous.
@12
Mar 02nd, 2015 - 05:23 am - Link - Report abuse 0And the UK, USA, and EU can't do jack shit about it.
Why?
You're broke!
hahahaha.... ironic huh.
13 Nostrils Tobi,
Mar 02nd, 2015 - 07:02 am - Link - Report abuse 0Don't you think it will be much better for you, personally?!
The Chinese won't discriminate between Argentines and Jewish Argentines.
Can you say the same today??
Good luck with that.
Nostrils who, like a good PERONIST, wanted Argentina “left alone” by foreign powers, within 25 years, will have the Chinese control their destiny - for the sake of China of course!!
WTF!!!! yet another name for pagina boi!!. What is wrong with that chica?
Mar 02nd, 2015 - 03:09 pm - Link - Report abuse 0Tobi....the ultimate imitation of living out Sybil. #13 Pagina boi........does this one pretend to live in Argentina as well? Please provide us with a summation of this one's character.
@13
Mar 02nd, 2015 - 04:11 pm - Link - Report abuse 0Now why would they want to do anything about it? Argentina is a tarpit. ;)
http://i1290.photobucket.com/albums/b521/imoyaro/chopperlaff_zpsrpl58kjd.gif
To do anything about would be saving Argentina.......I prefer that we all watch her sink into the tar pits.
Mar 02nd, 2015 - 04:22 pm - Link - Report abuse 0One of the new Chinese trains derailed in Santa Fe yesterday after only 5 days in service .
Mar 04th, 2015 - 06:39 pm - Link - Report abuse 0What is the point in shiny new trains if you do not renew the railway tracks after 70 years of hard use and little maintenance ?
Peronism : “ Fucking up Argentina since 1948 ”
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