The headquarters of the Inter-America Development Bank headquarters at Washington
American lawmakers, intent on reducing China’s influence on the United States economy, are pushing the Treasury Department to help curb the outsized role of Beijing at the Inter-American Development Bank, which supports economic and social development in Latin America and the Caribbean.
The bipartisan group of lawmakers say Beijing is using the bank as a tool to expand its influence in the region. And they want the United States, the biggest voice at the bank, to do more to rein in the awarding of projects to Chinese firms and to block Chinese attempts to acquire more shares at the bank.
