The slump in commodity prices since last summer has exposed fragilities in the balance of payments of several economies in Latin America. But while that has left some governments looking to China for loans to plug the holes in their current accounts, we doubt that policymakers in Beijing are about to write a blank cheque to bail them out.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.