China's Global Expansion and Latin America

Abstract

Abstract China's rapid growth and increased integration with the global economy over the past three decades have significant economic impacts and political implications for Latin America. This paper reviews the debate over whether these impacts have on balance been positive or negative for the region. It argues that those who emphasise the positive economic impacts of China have been over-optimistic and underplay some of the negative impacts associated with Chinese competition in manufacturing and increasing Latin American specialisation in primary products. On the other hand, when focusing on the political dimensions, there has been a tendency to exaggerate both the extent of China's influence in the region and the fears to which this gives rise, particularly among US commentators.

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