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China-Latin America: The Emerging Markets’ Axis

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The China-Latin America Axis

Abstract

The authors focus in on the China-Latin America-Caribbean axis of world trade in this chapter. An international relations “infrastructure” underpins the spectrum of its effects, which the Chinese created with Hu Jintao’s Four No's Policy in 2004: no hegemony, no power politics, no arm races, no military alliances; and Xi Jinping’s 1+3+6 framework of 2014: 1 plan, the 3 axes of trade, finance, and investment in the 6 areas of engagement, energy and resources, infrastructure, agriculture, manufacturing, scientific-technological innovation, and information technology. The authors meticulously document the history of China’s contemporary relations with Latin American and Caribbean states, and the dimensions of its trade, investment, and lending with graphic illustrations. A special section profiles China and the LAC countries with which it maintains diplomatic relations.

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Notes

  1. 1.

    International Relations Professor, Renmin University, Beijing.

  2. 2.

    Different organisations estimate trade in different ways, leading to occasional discrepancies in the reported figures; e.g., the IMF reports in 2013 US$289 billion; US$285 billion in 2014; US$266.06 billion in 2015; and US $241.42 billion in 2016 (IMF, 2014, 2015, 2016, 2017a).

  3. 3.

    Bolivia had a referendum in 2016 regarding whether Evo Morales could run for president again in 2019. The motion was defeated at the ballot box (Schipani, 2016).

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Fornes, G., Mendez, A. (2018). China-Latin America: The Emerging Markets’ Axis. In: The China-Latin America Axis. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-66721-8_3

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