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Saturday, May 28, 2022
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China Development Bank

U.S. bets on Latin America to counter China’s influence

The United States is exploring public works investment projects to counter China's influence in the region.

Costa Rica cancels $1.2 billion Chinese refinery project

RECOPE President Sara Salazar told reporters that the Chinese-Costa Rican joint-venture cost the Costa Rican government ₡33 billion — more than $61 million — with nothing to show for the effort.

China overtakes West in development funding to Latin America

As U.S. and international development banks cut back on lending to Latin America, China is stepping in.

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