Chinese Breakthrough into Latin America

360
DOI: 10.20542/0131-2227-2012-10-84-91

E. Dabagyan, Institute for Latin American Studies, Russian Academy of Sciences (ILA RAS), 21/16, B. Ordynka Str., Moscow, 115035, Russian Federation (emidab@yandex.ru).

Abstract. The article deals with a number of problems associated with the growing presence of China in the Latin American continent. The author emphasizes that mutual interest is based on economic factors. In particular, the rapidly developing Chinese economy needs more raw materials and agricultural products, which are available in abundance in Latin America. At the same time, the countries of the continent are interested in freeing from orientation solely to the United States and in a diversification of external relations. The present bilateral and multilateral agreements and treaties between China and Latin America showed a strengthening of trade and economic cooperation. But Beijing's strategy is based on a model of exchange of raw materials to finished products. This causes some resentment on the part of Latin American experts and entrepreneurs.

Keywords: China, Latin America, cooperation, trade, investment, competition, partnerships, Brazil, Venezuela, United States


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For citation:
Dabagyan E. Chinese Breakthrough into Latin America. World Eonomy and International Relations, 2012, no. 10, pp. 84-91. https://doi.org/10.20542/0131-2227-2012-10-84-91



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