China's Advance into Emerging Markets - A Focus on ASEAN, Latin America and Africa

Pil Soo Choi (), Ki-Su Kwon (), Young Ho Park (), Jae Wan Cheong () and Hyo-jin Lee ()
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Pil Soo Choi: Korea Institute for International Economic Policy
Ki-Su Kwon: Korea Institute for International Economic Policy
Young Ho Park: Korea Institute for International Economic Policy
Jae Wan Cheong: Korea Institute for International Economic Policy
Hyo-jin Lee: Korea Institute for International Economic Policy

No 14-15, World Economy Brief from Korea Institute for International Economic Policy

Abstract: In 2001, China adopted "Go Global" as its official policy agenda, which pertains to Chinese businesses in overseas. The policy was set as the primary means of foreign economic cooperation in the 10th 5-year plan (2001-2005). Consequently, in 2009 and in 2008 were legislated. Moreover, the Export-Import Bank of China and the China Development Bank provide policy loans and preferential loans for financial support. In line with this, the Chinese government's flexible diplomatic and political stance contributes to Chinese businesses in emerging markets.

Keywords: International Development Finance Institutions; Development Finance Institutions (DFIs); African Market; Construction; Infrastructure; China; Africa; Latin America (search for similar items in EconPapers)
Pages: 4 pages
Date: 2014-04-18
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