China’s development finance institutions demonstrated renewed interest in lending to LAC in 2022, issuing US$813 million in loans to three LAC governments or state institutions.
In 2023, China’s development finance institution (DFI) issued two loans totaling $1.3 billion to Brazil. Chinese DFI lending in 2023 was slightly higher than the $863 million issued by CDB and Ex-Im Bank in 2022. Despite this slight increase, China’s sovereign lending remains modest.
