China’s Green-Tech Push in Latin America Is Gaining Traction
By
Yanran Xu
A surge of investment in the region is set to intensify, even as the hemisphere turns rightward.
BEIJING—Despite Latin America’s evolving rightward political shift, China’s investments in green-tech sectors in the region are growing—and rapidly. The sale of what the Asian giant calls the “new three”—solar panels, lithium-ion batteries, and electric vehicles (EVs)—to countries across the hemisphere is surging, even as more traditional infrastructure projects have declined in recent years. Under its “Green Belt and Road” framework, China’s policy banks and state-owned enterprises (SOEs) have underwritten massive solar, wind, and hydroelectric projects across the...
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