What Motivated China’s Covid-19 Assistance in LAC?
Beyond humanitarian motives, China’s pandemic aid has aimed to achieve multiple other objectives.
Beyond humanitarian motives, China’s pandemic aid has aimed to achieve multiple other objectives.
Over the last few decades, China has become a major player in Latin America’s energy sector. As one of the world’s largest oil consumers, the Asian giant has provided oil-backed loans and equity investments in numerous countries with large oil reserves like Venezuela and Brazil. Yet increasingly, China has been expanding its footprint in the region’s renewable energy sector as well.
China has indicated support for upwards of 150 road, rail, port, and other transport infrastructure projects in Latin America since 2002.
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