Chinese Investment in Latin America: A New Kind of Development?

It’s widely known that China has invested enormously in Africa in recent years. What might be less common knowledge is that Chinese investment in Latin American infrastructure and development projects has also grown at breakneck speed over the past few years. And in January 2015, Chinese President Xi Jinping pledged that China would invest $250 billion dollars in Latin America in the coming ten years. Yet this investment has often supported controversial projects such as a transcontinental railroad, the polemical $50-billion Nicaraguan canal, as well as mining, dams, and other projects.

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