ML-Implode News - China has become main banker in Latin America

From 2005 (when the data base Inter-American Dialogue started registering) to 2014, China granted loans to Latin American countries of 119 billion dollars in totalÂ [2]. The Chinese grants are higher than the total amount of loans granted by the Ex-Im Bank from the United States, the Inter-American Bank of Development (IABD) and the World Bank. This situation contributes to Washington's weakening financial hegemony in the regionÂ
...
More than six years after the outbreak of the financial crisis of 2008 and facing extreme volatility of financial markets as a consequence of increased system vulnerability, the Chinese ended up being the favourite bankers of emergent countries as they offer loans with fewer conditions and at lower interest rates compared to American and European banks. In accordance with estimations made by Fred Hochberg, president of the Ex-Im Bank from the United States, the Chinese state banks have invested approximately 650 billion dollars all over the world during the last two years.

Relevant:

China has become main banker in Latin America