Strategies and counter-strategies: China in the Andean region of South America

Ádam Chimienti and Benjamin Creutzfeldt

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: By employing a comparative method that analyzes China’s increasing presence in different Latin America countries, this study explores key features and implications of Beijing’s approach towards this region. Colombia, Ecuador and Peru are used as case studies to evaluate China’s diplomatic rhetoric and the degree to which trade and investment realities live up to the goals proclaimed. Each of the countries examined seeks a more balanced relationship with external actors and recognizes China’s increased presence in the domestic political economy. Beijing seeks to distinguish itself as a soft power and “South-South” partner, and yet its ability to maintain this stance is complicated by the inevitable asymmetry that a rising China implies. The paper argues that China’s economic involvement in terms of trade, aid, loans and investment is indisputably important, but just one opportunity amongst many for these countries to achieve the political and economic goals that they have set for themselves.

Keywords: China relations with South America; neoliberal economics; win-win; South-South cooperation; Washington Consensus; FDI. (search for similar items in EconPapers)
JEL-codes: F23 O12 O54 Q33 Q56 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2014
New Economics Papers: this item is included in nep-int, nep-lam and nep-mfd
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:61103

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