Latin American Vector of China’s Foreign Policy  from 1991 to 2020

Eremin, Arkady; Dubrovsky, Ivan; Petrovich-Belkin, O K

doi:10.31166/voprosyistorii202111statyi91

Cited by 3 publications

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“…In the context of the development of China's relations with Latin American countries, it is worth noting that Beijing does not have a single standardized concept, but rather resorts to diversification, taking into account the peculiarities of each state. For example, most South American countries (except Venezuela) began to actively enter the sphere of influence only after 2018, and China prefers to build trade and economic relations with them based on high imports of products from these countries, thereby ensuring a weighty and sometimes even leading position as a trade partner [Eremin, Dubrovsky, Petrovich-Belkin, 2021]. The Caribbean countries, many of which are much more active in joining the BRI (the Caribbean subregion is the best performer on this indicator percentage-wise), primarily receive concessional loans and grants needed to stimulate weak, mostly agrarian economies that cannot supply valuable resources to the PRC.…”

Section: Strengthening China's Political Presence In Latin Americamentioning

confidence: 99%

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2022

IORJ

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2006. It is published quarterly since 2009. Generally, each issue is dedicated to one theme. The Journal is on the list of reviewed scholarly journals approved by the Higher Attestation Commission of the Ministry of Education and Science of Russia for publishing key research findings of PhD and doctoral dissertations. The journal's main themes are: global governance and international affairs, world economy, international cooperation in education, science and innovation.The journal's mission is to disseminate the findings of research on global governance, international cooperation on a wide range of social and economic policies, including in the sphere of education, science and new economics, as well as creating a professional framework for discussion of trends and prognoses in these areas.

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Section: Strengthening China's Political Presence In Latin Americamentioning

confidence: 99%

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2022

IORJ

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China’s Economic Strategy in Latin American and Caribbean Countries

Boreyko

2024

WEIR

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The article analyzes the patterns of formation and development of China’s economic strategy in Latin America and the Caribbean (LAC) from 2008 to 2023. The object of study is the economic strategy of the PRC, and the subject is the Latin American direction of the strategy. The hypothesis is that China’s economic ties with countries are a specific variation of “center-periphery” relations. These ties arose as a result of the development of a new economic model of China from the late 1990s to the mid‑2000s. This model is characterized by a focus on domestic demand and capital export while maintaining a high level of state participation. The global financial and economic crisis of 2008 created more favorable conditions for the penetration of Chinese companies into Latin America. LAC countries had to compensate for losses from the decline in demand from traditional partners. China, in turn, needed labor and resource sources. These relationships intensified after a sharp drop in commodity prices in 2014. Moreover, in this case, the advantages of the Chinese economic model over the traditional partners of the region allowed to strengthen the presence even more, offering better conditions in the field of trade, investment, and finance. The analysis of trade, investment, infrastructure projects, and finance showed that China is forming its version of “center-periphery” relations with LAC countries based on the dominance of state-owned companies. Unlike the traditional model, which is based on the need for investment return and a high level of profitability, China is building its production infrastructure, increasing the level of economic development of LAC countries. At the same time, in recent years, negative trends can be traced in a number of directions of China’s foreign economic activity in the region, which can become a challenge for the set goal – to achieve the status of one of the leaders.

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US-China Rivalry in Trade and Economic Relations with Latin American Countries

Molokoedov¹,

Sun'²

2023

Конфликтология / Nota Bene

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This article is devoted to the analysis of trade and economic relations between the United States and China with Latin American countries. This region is a sphere of competitive confrontation between the two countries not only for foreign policy ties, but also for trade and economic ones. The authors in this article show the peculiarities of the bilateral relations between China and the United States with Latin America and describe the process of changing US policy towards Latin America after 2017, when it radically changed after the Trump administration came to power, and Beijing, taking advantage of this opportunity, began to compete with Washington in this region. Also, in this article, the authors provide a comparative analysis of the indicators of trade and economic relations between China and the United States with the countries of Latin America and the Caribbean. The scientific novelty of this work lies in the fact that, using the example of the transition of leading positions towards China, the authors, within the framework of the theory of "power transit" (Power transition theory), describe the competitive struggle of states in this region in trade and economic terms, which is inextricably linked with political relations. The main conclusions are that the United States is still an external force that cannot be ignored in Latin American international relations, while China has every chance of gradually displacing the United States from the foreign market in Latin America thanks to its economic projects with the introduction of leading Latin American countries in the economic sphere. The United States of America, in turn, is trying to maintain its position in this region by easing its economic and financial constraints and, thereby, inclining the political leadership of Latin American countries to its side.

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Latin American Vector of China’s Foreign Policy from 1991 to 2020

Cited by 3 publications

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China’s Economic Strategy in Latin American and Caribbean Countries

US-China Rivalry in Trade and Economic Relations with Latin American Countries

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