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1) #Argentina, already among the region's biggest recipients of #China's #LatinAmerica financing, received another $1.1 billion in 2018, according to @The_Dialogue data, https://www.thedialogue.org/wp-content/uploads/2019/02/Chinese-Finance-in-LAC-2018.pdf ….pic.twitter.com/neI4RaTIj7
2) The latest loans will pay for the renovation of #Argentina's San Martín cargo line, which connects Mendoza to the port of Rosario, and involves the China Railway Construction Corporation and financing from #China's Export-Import Bank.
3) In all, #China's Export-Import Bank and the China Development Bank have approved $17 billion in loans to #Argentina since 2005, the fourth-highest total in #LatinAmerica, after #Venezuela, #Brazil and #Ecuador.
4) Notably, even as President Mauricio Macri maintains close ties to the White House, he is unpersuaded by U.S. warnings about #China's "debt trap diplomacy." Indeed, after hosting the #G20 in November, #Argentina organized a state visit for Xi Jinping. https://www.wilsoncenter.org/sites/default/files/weekly_asado_2018.12.14.pdf …
5) Read more in @LATAMProg's newsletter, the #WeeklyAsado. Subscribe here, https://engage.wilsoncenter.org/onlineactions/YQcpNdU-sU-dusDkAOYDtw2 ….pic.twitter.com/Km4xhO7k3e
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