Day: May 15, 2025

IDB Funding Under Fire: US Opposition to China-Backed LatAm Projects

The U.S. is opposing IDB funding for projects involving Chinese state-owned enterprises in Latin America, citing concerns over China's Belt and Road Initiative and regional security. Panama's banking sector could be indirectly affected by these geopolitical tensions and shifts in investment flows. A delicate balancing act: securing economic development while navigating US-China tensions.