Castañeda, N;
(2017)
New Dependency?: Economic Links between China and Latin America.
Issues and Studies
, 53
(1)
, Article 1740001. 10.1142/S101325111740001X.
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Abstract
This paper focuses on the most recent trends of Chinese finance (foreign direct investment (FDI) and development loans) in Latin America and their impact on economic development. In particular, this paper explores the economic and institutional factors that attract loans and FDI from China to Latin America. Based on data from the Chinese Ministry of Commerce and the United Nations on Chinese FDI and development loans to Latin America, this article argues that Chinese capital flows to the region, rather than politically motivated, are mainly motivated by trade interests, the evolution of the market of commodities, and natural resources-related policy goals. These capital flows are functional to the Chinese government’s use of soft power in the region, but these goals are secondary to market-based interests.
| Type: | Article |
|---|---|
| Title: | New Dependency?: Economic Links between China and Latin America |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1142/S101325111740001X |
| Publisher version: | https://doi.org/10.1142/S101325111740001X |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | China, Latin America, Foreign Direct Investment, Trade, Economic Dependency |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Institute of the Americas |
| URI: | https://discovery.ucl.ac.uk/id/eprint/1547629 |
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