China-Latin America and the Caribbean Economic Bulletin
Security Theme
State Stability and Infrastructure
Keywords
Economic Stability, Trends in trade, ongoing developments, new loans and debt renegotiation
Description
In 2023, Latin America and the Caribbean’s (LAC) economic relationships with China began to recover from the COVID-19 pandemic, with three new loans made to the region for the first time since 2019, alongside a slight uptake in Chinese foreign direct investment in the region and significant movement towards new Free Trade Agreements (FTAs). These developments come at a challenging time for the region, as inflation and the global repercussions from Russia’s war in Ukraine have stalled economic recovery.
China-Latin America and the Caribbean Economic Bulletin
In 2023, Latin America and the Caribbean’s (LAC) economic relationships with China began to recover from the COVID-19 pandemic, with three new loans made to the region for the first time since 2019, alongside a slight uptake in Chinese foreign direct investment in the region and significant movement towards new Free Trade Agreements (FTAs). These developments come at a challenging time for the region, as inflation and the global repercussions from Russia’s war in Ukraine have stalled economic recovery.