 The Growing Economic Presence of China in the CaribbeanRichard L. Bernal The World Economy, 2015, vol. 38, issue 9, 1409-1437 Abstract: China's economic presence in the Caribbean has grown significantly in the last decade. The growing economic presence of China in the Caribbean is evident in China's exports and development assistance to the region. Caribbean exports to China have not significantly increased; in fact, they declined during the period 2006–09. This is in contrast to the growth of exports from Latin America and the rest of the world and represents a missed opportunity for Caribbean exporters. The potential for further growth in economic relations between China and the Caribbean lies in trade including services, foreign investment and tourism. The pattern of trade, investment and development assistance in the Caribbean is very different from that in Latin America, and therefore it is misleading to conflate the two regions and draw an inference of similarity beyond very broad trends as is the case of the literature on the economic presence of China in Latin America. The contrast is vividly evident in the fact that China is now the largest trade partner of some Latin American countries but remains a small fraction of the Caribbean's trade. Date: 2015 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:worlde:v:38:y:2015:i:9:p:1409-1437 Ordering information: This journal article can be ordered from Access Statistics for this article The World Economy is currently edited by David Greenaway More articles in The World Economy from Wiley Blackwell |
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