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The Global Dimensions of “One Belt, One Road” Strategy in China-Latin America International Relations: Toward a Sustainable Economic Growth Model

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China and Latin America in Transition

Abstract

This chapter provides some insights on the analysis of China’s economic growth and the significance of Latin American markets for China. The macroeconomic data on Chinese exports and its GDP, as well as the annual economic growth rate, has already surpassed the United States and the main economic zones of Europe. But can such economic growth be based on a sustainable model? The chapter attempts to go beyond the traditional view that Latin America constitutes the backyard of China to locate manufactures and to import raw materials and natural resources. The author presents an analysis outlining the concept of multipolarity, or polycentric world economic areas that emphasize the current process of globalization, market integration, and multilevel international relations based on economic and political links, such as the polipolystic markets of China and Latin America.

This chapter is written under the framework of the research project One Belt, One Road: China, Europe and Latin America IR (丝绸之路地带:中国、欧洲及拉美国际关系 297515133621), funded by the Ministry of Education (M.o.E.) and Renmin University of China, of which I am the responsible and principal investigator.

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Notes

  1. 1.

    1. See the European Commission’s website for the COSME Enterprise Europe Network 2015–2020 (http://ec.europa.eu/enterprise/initiatives/cosme/index_en.htm, Date: Fall 2014).

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García, M.P. (2016). The Global Dimensions of “One Belt, One Road” Strategy in China-Latin America International Relations: Toward a Sustainable Economic Growth Model. In: Cui, S., Pérez García, M. (eds) China and Latin America in Transition. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-54080-5_8

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