China's infrastructure involvement in Latin America is not slowing down, with the region home to 59 large-scale infrastructure projects, in which Chinese contractors are at least partially involved, with a value of US$86 billion. The information, supplied by GlobalData, shows that Chinese investment in Latin America remains at a high level. The report speculates that one of the reasons is due to several Latin American countries becoming more involved in the Belt and Road Initiative (BRI). Dariana Tani, economist at GlobalData, said, "With diplomatic and economic relations between Latin America and the US more uncertain than ever, many governments across the region see Chinese infrastructure investment as a great alternative to existing traditional financing, in particular, because it does not require the arduous social and time-consuming environmental procedures that usually accompany the World Bank and the Inter-American Development Bank projects.
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