China recently announced several loans worth billions of dollars to Ecuador and Venezuela—to be paid back largely in the form of oil—for public works, energy and infrastructure projects. These investments and others have made China the biggest credit source for the two governments, often on terms that other financial institutions would spurn, analysts have pointed out. Are China's big loans going to be good deals for the Latin American countries? Will the money come through, and will it be used effectively for the intended purposes? Is China's increased investment in Ecuador, Venezuela and other countries in the region playing out as expected several years ago? What unexpected or new economic and political twists are on the horizon resulting from evolving China-Latin America relations?
Inter-American Dialogue's Latin American Energy Advisor
Inter-American Dialogue's Latin American Energy Advisor. "How Is China Changing Latin America's Energy Sector?." (2011). http://digitalrepository.unm.edu/la_energy_dialog/152