Download Free Chinas Financing In Latin America And The Caribbean Book in PDF and EPUB Free Download. You can read online Chinas Financing In Latin America And The Caribbean and write the review.

"The Emergence of China: Opportunities and Challenges for Latin America and the Caribbean provides a comprehensive overview of China's economic policy and performance over recent decades and contrasts them with the Latin American experience. What are the underlying factors behind China's competitive edge? What are the strategic implications of China's rise for growth and development in Latin America? These questions open new avenues for thinking about revitalizing development strategies in Latin America in the face of China's successful development and reduction of poverty. This insightful report is a must-read for analysts, policymakers, and development practitioners, not only in Latin America and the Caribbean, but wherever China's presence is being felt."--Jacket.
This volume explores the policy dynamics, economic commitments and social impacts of the fast evolving Sino-LAC relations. China’s engagement with Latin America and the Caribbean has entered into an era of strategic transition. While China is committed to strengthening its economic and political ties with Latin America and the Caribbean, Latin America as a bloc is enthusiastically echoing China’s endeavor by diverting their focus toward the other side of the ocean. The transitional aspect of China-LAC ties is phenomenal, and is manifested not only in the accelerating momentum of trade, investment, and loan but also in the China-CELAC Forum mechanism that maps out an institutional framework for decades beyond. While Latin America is redefined as an emerging priority to the leadership in Beijing, what are the responses from Latin America and the United States? In this sense, experts from four continents provide local answers to this global question.
In 2013, Secretary John Kerry affirmed that the era of the Monroe Doctrine is over, effectively putting other countries, such as China, on notice that the United States would no longer contend their actions in our neighborhood, the Western Hemisphere. In contrast to Roosevelt's policy of the Good Neighbor in 1933, the U.S. has drifted instead toward benign neglect toward the very countries that have the greatest potential to impact the daily lives of the American people-those in Latin America and the Caribbean. China has taken notice, and China has stepped up into this vacuum of leadership. Today, China is weaving an intricate web of alliances in the Western Hemisphere through a vast array of diplomatic, economic, and military ties with multiple countries in the region. Although the United States remains the largest trading partner for Latin America, China is now the region's second-largest trading partner and has free-trade agreements with Chile, Peru, and Costa Rica. China has been buying up land and companies in the region, investing heavily in infrastructure and ports, as well as gobbling up a lot of rare earth minerals. From 2008 to 2012, the 10 largest Chinese mergers and acquisitions occurred in Brazil and Argentina, and other deals have occurred in Ecuador, Venezuela, and Peru. China has promised its investment in the region would hit $250 billion over the next 10 years. According to the Inter-American Dialogue, China has provided 16 loans valued at over $56 billion to Venezuela, 10 loans valued at $22 billion to Brazil, 10 loans valued at $19 billion to Argentina, and 12 loans valued at almost $11 billion to Ecuador. Chinese banks have effectively provided a lifeline to these governments, whose economic mismanagement and corruption prevent them from accessing Western institutions.
Examines China's overseas financial investments in the developing world, and its impact on national economic policymaking in the Americas.
Over the last decade China’s investment in Latin America and the Caribbean (LAC) has increased substantially in volume and become more diversified from natural resources to other industries. Using cross-border mergers and acquisitions data, we demonstrate that since mid-2010s China’s overseas investment has tilted toward sectors where China has a comparative advantage in the global markets, a trend similar to that of other major foreign direct investment (FDI) source countries. Moreover, China’s rising overseas investment can be linked to the rebalancing of Chinese economy, and LAC stands to benefit from its complementarity vis-à-vis China in sectors where the rising Chinese overseas investment can be met with LAC’s own investment gaps. The COVID-19 pandemic could have a long-lasting impact on global value chains and FDI flows, which poses both challenges and opportunities to LAC in attracting FDI, including from China, to support the region’s long-run economic development.
Latin America is looking towards China and Asia -- and China and Asia are looking right back. This is a major shift: for the first time in its history, Latin America can benefit from not one but three major engines of world growth. Until the 1980s ...
In the space of ten years two economies that barely traded, let alone exchanged investments, have become major trade partners. Between 2000 and 2008 trade between China and Latin America and the Caribbean (LAC) grew at a breakneck annual rate of 31 percent, and even during the financial crisis in 2009 the dynamism remained unabated. China is today among LAC's top trading partners, particularly in countries such as Brazil, Chile, Peru and Argentina. LAC's share of China's trade is still modest, but has been growing fast, and the region figures among China¿s main suppliers of key raw materials such as copper, iron ore, and soybeans.
This book represents the latest systematic study on relations between China and Latin American and Caribbean countries, one of the highest academic achievements of the Institute of Latin American Studies, Chinese Academy of Social Sciences in recent years. This book comprehensively examines the development of diplomatic relations between China and Latin American and Caribbean countries, and elucidates the great diplomatic achievements of China over the past 65 years. The history of relations marks the chronology of China's foreign strategy adjustment, and the evolution of pattern and change of internal and diplomatic affairs of Latin American countries. As a cornerstone of the discipline of Latin American Studies in China, this book is a must-read for the study of Sino-Latin American relations.