A new stage in the development of Sino-Latin American relations

The article examines a new phenomena in relations between the countries of Latin America and China after 2014. The first part of the article analyzes the nature of Sino-Latin American trade, features of Chinese direct investment and financial capital investments in 2000-2013, the contradictory impact of Chinese expansion on the economies of the countries of the region. In the second part, new trends in Chinese-Latin American cooperation are being identified: expanding areas of cooperation, creating its institutional platform - the permanent China-CELAC forum, developing a political dialogue, increasing investment in transport infrastructure, services, and technological development. These trends are dictated by China's interests, changes in the model of development of its economy and in its foreign economic strategy, at the same time, they largely coincide with the interests of the LAC countries. Nevertheless, this does not guarantee cloudless relations and does not eliminate considerable risks, especially for LAC countries.

Keywords

Sino-Latin American cooperation, trade diversification, transport infrastructure, China-CELAC forum, One belt-one road initiative, political dialogue

Received

25.12.2018

Publication date

25.12.2018

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GOST	Lavut A. A new stage in the development of Sino-Latin American relations // Latin America – 2018. – Issue 12 C. 59-73 [Electronic resource]. URL: https://latamerica-journal.ru/S0044748X0002316-6-1 (circulation date: 19.04.2024). DOI: 10.31857/S0044748X0002316-6
MLA	Lavut, Anna "A new stage in the development of Sino-Latin American relations." Latin America 12 (2018):59-73. DOI: 10.31857/S0044748X0002316-6
APA	Lavut A. (2018). A new stage in the development of Sino-Latin American relations. Latin America (12), pp.59-73 DOI: 10.31857/S0044748X0002316-6

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