2018
DOI: 10.1590/198055272214
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Changes in the Chinese Development Strategy After the Global Crisis and Its Impacts in Latin America

Abstract: This paper aims to analyze the recent changes in economic relations between Latin American countries and China in the context of the transformations occurred in the latter’s development strategy after the global financial crisis. The text argues that, in relation to the first decade of the twenty-first century, connections linked to FDI, financing flows, and infrastructure projects have been growing in importance and present new challenges to Latin America, which surpass the ones based only on trade flows.

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Cited by 7 publications
(7 citation statements)
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“…Initially, these economic relations were almost entirely based on trade with a rapid expansion of both Latin American imports from China and, with the commodity boom that started in 2002, increasing exports from the region to China. In the aftermath of the Global Financial Crisis of 2008, Chinese OFDI and bank loans to the region began to grow significantly as did involvement by Chinese construction and engineering companies in infrastructure projects (Hiratuka, 2018).…”
Section: Trends In Sino-lac Economic Relationsmentioning
confidence: 99%
“…Initially, these economic relations were almost entirely based on trade with a rapid expansion of both Latin American imports from China and, with the commodity boom that started in 2002, increasing exports from the region to China. In the aftermath of the Global Financial Crisis of 2008, Chinese OFDI and bank loans to the region began to grow significantly as did involvement by Chinese construction and engineering companies in infrastructure projects (Hiratuka, 2018).…”
Section: Trends In Sino-lac Economic Relationsmentioning
confidence: 99%
“…In the 21st century, as China grew, the world as a whole felt the impacts of its growth and of its consequent demand for natural resources and new markets to supply its development, which combined urbanization and industrialization. This development model was intensive in the use of mineral, energetic and metallic commodities (Hiratuka 2018). In this sense, Chinese demands have affected the countries of Latin America and Africa directly and indirectly, due to their effect on international prices.…”
Section: Chinese Foreign Policy and Strategic Interests Towards The Antarctic In The 21st Centurymentioning
confidence: 99%
“…In this sense, Chinese demands have affected the countries of Latin America and Africa directly and indirectly, due to their effect on international prices. In addition, its growth has also resulted in an increase in the number of investments in infrastructure projects and in the provision of loans to several countries in the Global South (Hiratuka 2018;Cintra;Medeiros 2015;Gallagher 2016).…”
Section: Chinese Foreign Policy and Strategic Interests Towards The Antarctic In The 21st Centurymentioning
confidence: 99%
“…The role of the State as the coordinator and articulator of private actions, or as a player who acts strategically through public banks and state-owned enterprises, is now viewed with suspicion, while at the same time there is an exacerbated belief that the development policy must confine itself to creating the conditions conducive to the free performance of private actors. (HIRATUKA, 2018) Dito isto, é preciso lembrar da China como um país que rapidamente se alçou, ou reconduziu-se, a um posto de potência global, com forte atuação e direcionamento estatal 133 .…”
Section: Entre a Cobiça Por Recursos Naturais E As Estratégias De Des...mentioning
confidence: 99%
“…[...] in relation to the first decade of the twenty-first century, connections linked to FDI, financing flows, and infrastructure projects have been growing in importance and present new challenges to Latin America, which surpass the ones based only on trade flows (HIRATUKA, 2018). …”
mentioning
confidence: 99%