China loaned $22bn to Latin American countries last year - report
China's state-owned banks loaned $22bn to countries in Latin America in 2014, according to figures released by US think-tank Inter-American Dialogue.
The money helped struggling economies which have been hit hard by a fall in prices for oil, minerals and other commodities they export.
China loaned $8.6bn to Brazil, $7bn to Argentina, $5.7bn to Venezuela and $821mn to Ecuador last year.