What is it about?
The following article, focuses on a new perspective, arguing that during the last 5 years, China has become increasingly sophisticated in the way it cooperates in the region. China not only focuses on ensuring its material needs but also is establishing initiatives with third nations sharing responsibilities and benefits.
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Perspectives
The rise of China in the international system cannot be understood only in terms of economic growth, but also by its foreign policies and the mechanisms of linkage used. Although, most of the Chinese investments in Latin America are based on the extraction of natural resources, the past 5 years have been marked by a more active China in the international system. The country had used different tools to expand its influence and generate new types of cooperation that depend less on the preestablished international order. The merit of China is its ability to understand that Latin America is not a homogeneous sociopolitical unit. This is why it has been developing cooperation devices based on the different profiles of nations. In this context, nontraditional economic initiatives function as mechanisms of strategic cooperation that go beyond extracting natural resources in developing countries. They allow medium economies that want to participate competitively in the regional supply chain and in the generation of knowledge to enter platforms with China
Andres Borquez
Universidad de Chile
Read the Original
This page is a summary of: Exploring the nontraditional foreign investment in Sino–Latin American relations: The Chilean case, Competition and Regulation in Network Industries, September 2019, SAGE Publications,
DOI: 10.1177/1783591719877592.
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