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| China has a core competency in building infrastructure. Over the past several decades, China has spent billions of dollars modernizing its infrastructure. In November 2008, China also announced a stimulus package of US$586 billion in additional infrastructure investments. |
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 China Infrastructure in Africa 2002-2007 (partial list) |
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| Country |
Main Commodity Export to China |
Pledged Aid, Loans, Credit Lines, Investments |
Major Type of Financing |
Major Types of Projects |
| Angola |
Oil |
US$7.4 billion |
Loans, interest-free loans, credit |
Infrastructure (railways) |
| Congo (DRC) |
Oil, Minerals |
US$5.0 billion |
Loans |
Infrastructure, rail, mining, highways |
| Gabon |
Iron Ore |
US$3.0 billion |
Direct investment, grants |
Infrastructure, iron ore mining, ports, hydro, rail |
| Mozambique |
Wood, Minerals |
US$2.4 billion |
Concessional loans, debt cancellation |
Infrastructure, dam construction, hydro |
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Source: CRS Report for Congress February 2009, SLC Research |
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Chinese firms, with a core competency in building infrastructure in Africa, have already made infrastructure investments in Latin America. They will continue to do so. The following table highlights certain investments made over the past several years. |
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China Infrastructure in Latin America 2002-2009 (partial list) |
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| Country |
Main Commodity Export to China |
Pledged Aid, Loans,Credit Lines, Investments |
Major Type of Financing |
Major Types of Projects |
| Venezuela |
Oil |
US$16.4 billion |
Investments |
Oil, gas exploration/production, transportation, telecom, light industry, refining |
| Brazil |
Iron ore, Oil, Agriculture Commodities |
US$18.2 billion |
Investment, loans |
Infrastructure, ports, aviation, rail, oil production |
| Ecuador |
Oil |
US$2.0 billion |
Loans, investment |
Hydroelectric, utilities |
| Chile |
Wood, Copper |
US$0.5 billion |
Investment |
Minerals extraction, infrastructure |
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Source: CRS Report for Congress February 2009, SLC Research |
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