| ID | 112541 |
| Title Proper | China and Latin America |
| Other Title Information | complementarity, competition, and globalisation |
| Language | ENG |
| Author | Dosch, Jorn ; Goodman, David S G |
| Publication | 2012. |
| Summary / Abstract (Note) | The rise of China is not a new phenomenon. The PRC's growing economic (and in a number of cases also political) involvement in Southeast
Asia and particularly in sub-Saharan Africa has caught the attention of
academics and policymakers alike. However, China's emergence as an
important actor in Latin America has only recently appeared on the radar
screen of the scholarly community and is still an under-researched area.
Eight years have passed since Chinese President Hu Jintao's first tour of
Latin America in November 2004, marking the beginning of a new phase
in Beijing's trans-Pacific relations. The significant boost in Chinese-Latin
American trade provides strong evidence for the importance of this
emerging pattern of interaction. China's trade with the region reached
180 billion USD in 2010, evincing not only an increase of 50 per cent
from 2009 but also a pattern of sharp growth since 2000, when the China-Latin America trade volume stood at just 13 billion USD. By 2007
bilateral trade had already exceeded Hu's original target of 100 billion
USD, set for 2010 (China Daily 2011; Xinhua 2008). The articles in this
issue of the Journal of Current Chinese Affairs bear strong witness to the fact
that this budding relationship has been driven mainly by a mutual desire
to accelerate economic exchange. |
| `In' analytical Note | Journal of Current Chinese Affairs Vol. 41, No.1; 2012: p.3-19 |
| Journal Source | Journal of Current Chinese Affairs Vol. 41, No.1; 2012: p.3-19 |
| Key Words | China ; Latin America ; Complementarity ; Competition ; Globalisation ; Hu Jintao ; Economic Relations ; Chinese Communist Party (CCP) ; United States ; OECD ; Barack Obama ; Chile ; Economic Development |