Handbook on China and Developing Countries
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Handbook on China and Developing Countries

  • Handbooks of Research on Contemporary China series

Edited by Carla P. Freeman

This Handbook explores the rapidly evolving and increasingly multifaceted relations between China and developing countries. Cutting-edge analyses by leading experts from around the world critically assess such timely issues as the ‘China model’, Beijing’s role in international development assistance, Chinese peacekeeping and South-South relations, and developing countries and the internationalization of the renminbi. Chapters also examine China’s engagement with individual countries and regions throughout the developing world. For scholars, practitioners, and postgraduates, the volume’s breadth and depth of coverage will inform and guide present and future analysis.
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Chapter 22: China’s expanding ties with Latin America

Riordan Roett and Guadalupe Paz

Extract

It is difficult to imagine that China’s active engagement with Latin America dates only to the start of the twenty-first century. In the decade-and-a-half since China adopted a ‘going global’ strategy to promote Chinese overseas investment, expand export markets, and gain much needed access to natural resources abroad, Sino–Latin American relations have both deepened and broadened at an unexpectedly rapid pace. The main driver behind this sea change in bilateral relations has been economic complementarity, with resource-rich countries in Latin America exporting primary goods to the Asian giant’s growing market and China exporting manufactured goods to the region. During Hu Jintao’s presidency (2003–2013), Sino–Latin American relations matured considerably, becoming far more nuanced and multifaceted than ever before. Today, as China and Latin America face new pressures to reassess their economic strategies in an increasingly complex global landscape, so too must they carefully evaluate their bilateral interactions and the direction they wish to follow in the years ahead.

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