Chinese  President Xi Jinping speaks at the Second Belt and Road Forum. Photo: Simon Song
Chinese President Xi Jinping speaks at the Second Belt and Road Forum. Photo: Simon Song

China-US rivalry dampens belt and road investment in Latin America and the Caribbean, but strong demand remains

  • Chinese foreign direct investment in Latin America and the Caribbean accounted for 6.5 per cent of the region’s total last year, falling from 10.44 per cent in 2020
  • Rivalry between China and the US is ‘greatly affecting capital flows’, analysts say, but demand for projects under the Belt and Road Initiative is still there

Chinese  President Xi Jinping speaks at the Second Belt and Road Forum. Photo: Simon Song
Chinese President Xi Jinping speaks at the Second Belt and Road Forum. Photo: Simon Song
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