In recent years, economic relations between Latin American countries and the People's Republic of China have developed steadily, exhibiting marked tendencies toward greater diversification. Using newly released data from the Chinese Government along with extensive interviews in China and Latin America, Li gives us the first systematic analysis of the economic and political ideas underlying this surge in Sino-Latin American economic relations. His focus on China's relations with six major trading partnersBrazil, Argentina, Cuba, Chile, Mexico, and Peruprovides an accurate assessment of trends and prospects for an emerging bilateral economic partnership. The conclusions of this study find that Sino-Latin American ties have become less ideological and present PRC involvement has been largely compatible with Western interests. Since China is expected to develop into a major economic player in Latin America in the years to come, it is important for the United States to understand the implications of these burgeoning relations. This study is a valuable and much-needed contribution to the literature of South-South cooperation and collective self-reliance.
Li examines three main areas of Sino-Latin American economic relations: trade, aid, and investment. Beginning with the Communist Revolution in China, he traces the history of China's relations with the six Latin countries, moving through early developments, the post-Cuban Revolution era, the 1970s normalization period, and China's Open-Door policy. Future prospects are considered in the concluding chapters, with hopes for greater economic interactions depending on the outcomes of China's own economic reforms and Latin America's economic recession. This book will be of interest to those who practice in the sphere of world political-economic relations, as well as academics who study them.
About the Author
HE LI is an Instructor of Economics at Austin Community College. A native of the People's Republic of China, Dr. Li received an M.A. from the Chinese Academy of Social Sciences and a Ph.D. from the University of Texas at Austin. He has held positions at the Institute of Latin American Studies of the Chinese Academy of Social Sciences, Beijing, and the University of Texas. His articles on Chinese foreign relations and the Latin American economy have appeared in both Chinese and English-language journals.
Table of Contents
Early Development of Sino-Latin American Economic Relations: 1949-1958
The Years after the Cuban Revolution: 1959-1969
The Period of Normalization of Relations: 1970-1977
China's Open-Door Policy and Trade with Latin America: 1978-1990
Direct Investment and Aid Program
Problems and Issues in Current Economic Relations
Prospects for Future Economic Relations
Summary and Conclusions