China-Latin America and the Caribbean Economic Bulletin
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.