Sino-Latin American Production Capacity Cooperation Investment Fund
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The Sino-Latin American Production Capacity Cooperation Investment Fund (also referred to as the China-LAC Industrial Cooperation Investment Fund and abbreviated as Claifund) is a multilateral cooperation fund established by the Chinese government to support investments by Chinese companies in Latin America.
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Company type | Multilateral cooperation fund |
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Industry | Investment Management |
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It is one of two multilateral cooperation funds created by the Chinese government to advance the economic relationship between China and Latin America. The other is the China-LAC Cooperation Fund. Similar to the investment funds in promoting economic ties, the Special Loan Program for China-Latin America Infrastructure Project is a special credit line created by the Chinese government.[1][2]