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China–Latin America Economic Relations in the New Millennium

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Cutting the Distance

Part of the book series: SpringerBriefs in Economics ((BRIEFSKUSSRS))

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Abstract

Relations between China and Latin America have grown rapidly since the beginning of the 21st century. Many countries in the region now enjoy increasing amounts of trade with China. For some, China is a source of foreign investment as well.

This chapter is authored by Jie Guo.

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Notes

  1. 1.

    See, for example, ECLAC (2011), pp. 13–14.

  2. 2.

    “Coming of Age,” The Financial Times, January 4, 2012. Retrieved from https://www.ft.com/content/f43fcd86-35fa-11e1-ae04-00144feabdc0.

  3. 3.

    The data is from Ministério da Indústria, Comércio Exterior e Serviços (MDIC), “Balança comercial: Janeiro-dezembro 2016.” Retrieved from http://www.mdic.gov.br/index.php/comercio-exterior/estatisticas-de-comercio-exterior/balanca-comercial-brasileira-acumulado-do-ano?layout=edit&id=2205.

  4. 4.

    This observation is based on the data cited in footnote 3.

  5. 5.

    Author’s calculation based on data from INDEC database. Retrieved from https://www.indec.gov.ar/nivel3_default.asp?id_tema_1=3&id_tema_2=2.

  6. 6.

    For detailed information, see World Trade Organization (2018).

  7. 7.

    For more details, see Guo Jie (2015).

  8. 8.

    See “Toromocho financiará nuevos proyectos mineros de Chinalco,” Gestión, el 5 de febrero del 2013. Retrieved from https://gestion.pe/impresa/toromocho-financiara-nuevos-proyectos-mineros-chinalco-30837.

  9. 9.

    See CNPC’s first report on its operations in Latin America, CNPC (2013).

  10. 10.

    Department of Foreign Trade of MOFCOM, “Zhongguo Jinchukou Yuedu Tongji Baogao: Nongchanpin,” (Monthly Report of Imports and Exports of Chinese Agricultural Products), December 2016, p. 4. Retrieved from http://wms.mofcom.gov.cn/article/zt_ncp/table/2016_12.pdf.

  11. 11.

    Author’s calculation based on MDIC database. Retrieved from http://www.mdic.gov.br/index.php/comercio-exterior/estatisticas-de-comercio-exterior/balanca-comercial-brasileira-mensal-2.

  12. 12.

    Author’s calculation based on data from INDEC database. Retrieved from https://www.indec.gov.ar/nivel4_default.asp?id_tema_1=3&id_tema_2=2&id_tema_3=39.

  13. 13.

    Author’s calculation based on data from Dirección General de Relaciones Económicas Internacionales (DIRECON), Ministerio de Relaciones Exteriores, Reporte Trimestral: Comercio Exterior de Chile, Enero-Diciembre 2016, Febrero 2017. Retrieved from https://www.direcon.gob.cl/wp-content/uploads/2017/02/Reporte-Trimestral-enero-diciembre-2016-1.pdf.

  14. 14.

    See “Peru’s Agro-exports to China Grew 8.7 Times in Post-FTA Period,” Andina, June 9, 2013. Retrieved from http://www.andina.com.pe/Ingles/noticia-perus-agroexports-to-china-grew-87-times-in-postfta-period-461881.aspx.

  15. 15.

    For details, see MINCETUR (2017).

  16. 16.

    See “Com US$ 8,5 bilhões em 2017, China aumenta participação em fusões e aquisições no Brasil,” O Global, 28 de setembro de 2017. Retrieved from https://g1.globo.com/economia/negocios/noticia/com-us-85-bilhoes-em-2017-china-aumenta-participacao-em-fusoes-e-aquisicoes-no-brasil.ghtml.

  17. 17.

    See China-CELAC Forum “China–Latin American and Caribbean Countries Cooperation Plan (2015–2019),” January 9, 2015. Retrieved from http://www.chinacelacforum.org/eng/zywj_3/t1230944.htm and ECLAC (2015), pp. 67–75.

  18. 18.

    For details, see Ministry of Foreign Affairs of China (2016).

  19. 19.

    These remarks are made by Foreign Minister Wang Yi at the Opening Ceremony of China-CELAC Economic and Trade Cooperation Forum and China-LAC Business Council Annual Meeting 2018 on 23 January 2018. Retrieved from http://www.fmprc.gov.cn/mfa_eng/wjdt_665385/zyjh_665391/t1529529.shtml.

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Correspondence to Nobuaki Hamaguchi .

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Hamaguchi, N., Guo, J., Kim, CS. (2018). China–Latin America Economic Relations in the New Millennium. In: Cutting the Distance. SpringerBriefs in Economics(). Springer, Singapore. https://doi.org/10.1007/978-981-13-2435-2_2

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  • DOI: https://doi.org/10.1007/978-981-13-2435-2_2

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