Beijing is still propping up Latin America’s energy sector with billions of dollars in loans. Around 70% of China’s lending to the region went to Brazil last year, according to the Inter-American Dialogue. China loaned $21.2 billion to Latin America in 2016, making it the third-highest year on record for such borrowing. Latin America has borrowed more than $140 billion from China since 2005, according to data published last week by the Washington-based thinktank.
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