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It is too early to tell whether Chinese FDI into Latin America will be a blessing or curse.

For now at least we are beginning to understand the magnitude and true composition of China’s economic reach in Latin America.

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China’s foreign investment into Africa has been generating a great deal of controversy.

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Peal away these two financial havens and the Latin American region only received about 6 million in Chinese FDI, or less than 1 percent of the annual total.

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In response to cheer and outcry, think-tanks, venture capital firms, journalists, and academics like myself have been trying to piece together how much Chinese FDI really does flow to the region.

The table below from a forthcoming paper I am working on exhibits just some of the largest projects in Latin America (those over 0 million) to reveal that FDI from China to Latin America is indeed approximately closer to the figures for total FDI into the region reported by China, at around billion per year, but the composition of that investment is far from simply in tax havens.

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