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Latin America and China—a new dependency?

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  • Rhys Jenkins

Abstract

Economic relations between China and Latin America have grown rapidly over the past decade. This paper documents the growth of trade, foreign direct investment (fdi) and other financial flows between China and Latin America and identifies the interests of China in the region as a source of raw materials, a market for exports of manufactured goods and an area of diplomatic competition with Taiwan. It points to the asymmetric nature of the relationship in terms of the relative importance of bilateral trade to each partner, the composition of trade flows, and the balance of fdi flows. It shows that these show many of the characteristics of centre–periphery relations. However, China is far from becoming a new hegemonic power in Latin America and the latter's relations with the USA and Europe continue to be more significant than those with China.

Suggested Citation

  • Rhys Jenkins, 2012. "Latin America and China—a new dependency?," Third World Quarterly, Taylor & Francis Journals, vol. 33(7), pages 1337-1358.
    • Handle: RePEc:taf:ctwqxx:v:33:y:2012:i:7:p:1337-1358
    DOI: 10.1080/01436597.2012.691834
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    Cited by:

    1. Latorre, Sara & Malo-Larrea, Antonio, 2019. "Policy-making Related Actors' Understandings About Nature-society Relationship: Beyond Modern Ontologies? The Case of Cuenca, Ecuador," Ecological Economics, Elsevier, vol. 156(C), pages 387-396.
    2. Başyiğit, Mikail, 2021. "Contribution and/or dependency: Chinese hegemony on Turkey's mineral export," Resources Policy, Elsevier, vol. 74(C).
    3. Eichenauer, Vera Z. & Fuchs, Andreas & Brueckner, Lutz, 2018. "The Effects of Trade, Aid, and Investment on China's Image in Developing Countries," Working Papers 0646, University of Heidelberg, Department of Economics.

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