The Sino Latin American Debt Cycle: A Web of Financial Interdependence Brazil's decision to become a regular borrower in China marks a significant shift towards greater reliance on Chinese financing.
According to senior Brazilian treasury officials, the country intends to sell yuan bonds in China every year rather than just once, which will have far reaching implications for Brazil's external debt profile and its relationship with the United States.
This development is part of a broader trend of Chinese financial influence in Latin America. The US response has been swift and predictable.