Abstract
In the past ten years, trade and economic relations between China and Latin America have seen fast development. Latin America has not only become an important trading partner for China, but also the main destination for Chinese investments and the principal overseas contract market of China. In the current international economic environment, and with regards to the new circumstances faced by Chinese and Latin American economy, investment, trade and finance have become the three “engines” boosting Sino-Latin American cooperation more and more significantly. China’s investment in Latin America is not only guided by policies and mechanisms (planning and guidance), but also supported by abundant capital (cooperation fund), as well as the three-party cooperation framework between the Chinese government, quasi-official organizations and enterprises. As Chinese enterprises “go global” and invest in Latin America, they should make the necessary preparations as well as engage in necessary risk prevention.
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Notes
- 1.
Sources: CEIC database.
- 2.
China’s Ministry of Commerce: Report on Development of China’s Outward Investment and Economic Cooperation 2014, http://fec.mofcom.gov.cn/article/tzhzcj/tzhz/.
- 3.
See Footnote 2.
- 4.
China’s Ministry of Commerce: Ministry of Commerce’s news briefing on business operation situation from January to April of Year 2015, http://www.scio.gov.cn/xwfbh/gbwxwfbh/fbh/Document/1434135/1434135.htm.
- 5.
PetroChina: CNPC in Latin America. http://www.cnpc.com.cn/cnpc/cnpczqq/201404/0222d7bfe7e043c78d266f7c4c0a6150/files/75c79a048aea444b8b25042bbfd6e744.pdf.
- 6.
See Footnote 2.
- 7.
China’s Ministry of Foreign Affairs: Director-General Zhu Qingqiao of Department of Latin American and Caribbean Affairs: New start for Sino-Latin American relations (Interview record of Meet the Diplomats).
- 8.
Xinhua: Sino-Latin American and Caribbean Cooperation Plan (2015–2019), http://news.xinhuanet.com/world/2015-01/09/c_1113944648.htm.
- 9.
CPIT, China Council for the promotion of international Trade (CCPIT) n.d. (a) About CCPIT. Online: http://bizchinanow.com/aboutCCPIT/aboutCCPIT.htm.
- 10.
CEPAL, Balance Preliminar de las Economías de América Latina y el Caribe 2014, http://www.cepal.org.
- 11.
Xinhua News Agency 2015. China-CELAC Cooperation Plan 2015–2019, Online: http://news.xinhuanet.com/world/2015-01/09/c_1113944648.htm.
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MOFCOM (2015) Report on Development of China’s Outward Investment and Economic Cooperation, Online: http://fec.mofcom.gov.cn/uploadfile/duiwaitouzihezuofazhanbaogao2014.pdf. Retrieved on 14 Feb 2015
Xinhua News Agency (2015) China-CELAC cooperation plan 2015–2019, Online: http://news.xinhuanet.com/world/2015-01/09/c_1113944648.htm
Xinhua: China-CELAC Cooperation Plan 2015–2019, http://news.xinhuanet.com/world/2015-01/09/c_1113944648.htm
PetroChina: CNPC in Latin America. http://www.cnpc.com.cn/cnpc/cnpczqq/201404/0222d7bfe7e043c78d266f7c4c0a6150/files/75c79a048aea444b8b25042bbfd6e744.pdf
China’s Ministry of Commerce: Ministry of Commerce’s news briefing on business operation situation from January to April of Year 2015, http://www.scio.gov.cn/xwfbh/gbwxwfbh/fbh/Document/1434135/1434135.htm
China’s Ministry of Commerce: Report on Development of China’s Outward Investment and Economic Cooperation 2014, http://fec.mofcom.gov.cn/article/tzhzcj/tzhz/
China’s Ministry of Foreign Affairs: Director-General Zhu Qingqiao of Department of Latin American and Caribbean Affairs: New start for Sino-Latin American relations (Interview record of Meet the Diplomats)
CCPIT, China Council for the promotion of international Trade (CCPIT) n.d. (a) About CCPIT. Online: http://bizchinanow.com/aboutCCPIT/aboutCCPIT.htm
CEPAL, Balance Preliminar de las Economías de América Latina y el Caribe 2014, http://www.cepal.org
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Yang, Z. (2019). China’s Direct Investment in Latin America. In: Chai, Y., Yue, Y. (eds) Sino-Latin American Economic and Trade Relations . Research Series on the Chinese Dream and China’s Development Path. Springer, Singapore. https://doi.org/10.1007/978-981-13-3405-4_4
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DOI: https://doi.org/10.1007/978-981-13-3405-4_4
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