IDEAS home Printed from https://ideas.repec.org/b/ecr/col015/2599.html
   My bibliography  Save this book

China and Latin America and the Caribbean: building a strategic economic and trade relationship

Editor

Listed:
  • ECLAC

Author

Listed:
  • Kuwayama, Mikio
  • Rosales V., Osvaldo

Abstract

The economies of China and of the Latin American and Caribbean region are the current global growth poles and, over the coming years, will grow twice or three times as quickly as the industrialized economies, which will have to adjust to slower growth and higher unemployment. The present juncture offers an opportunity to rethink global and regional partnership strategies and to put greater emphasis on South- South ties in trade, foreign direct investment (FDI) and cooperation. In this document, the Economic Commission for Latin America and the Caribbean (ECLAC) posits that China and the Latin American and Caribbean region now enjoy a sufficiently mature relationship and are poised to make a qualitative leap towards a mutually beneficial strategic alliance. The Latin American and Caribbean countries must redouble their efforts to diversify sales to China, embedding more value and knowledge into their exports, and to stimulate business, trade and technological ties with their Chinese counterparts. They must also promote Latin American investments in the Asia-Pacific region in order to build the region's presence in Asian value chains, focusing on China.

Suggested Citation

  • Kuwayama, Mikio & Rosales V., Osvaldo, 2012. "China and Latin America and the Caribbean: building a strategic economic and trade relationship," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 114 edited by Eclac.
  • Handle: RePEc:ecr:col015:2599
    Note: Includes bibliography
    as

    Download full text from publisher

    File URL: http://repositorio.cepal.org/handle/11362/2599
    Download Restriction: no

    References listed on IDEAS

    as
    1. Fukao, Kyoji & Ishido, Hikari & Ito, Keiko, 2003. "Vertical intra-industry trade and foreign direct investment in East Asia," Journal of the Japanese and International Economies, Elsevier, vol. 17(4), pages 468-506, December.
    2. Hiratsuka, Daisuke, 2006. "Outward FDI from and intraregional FDI in ASEAN : trends and drivers," IDE Discussion Papers 77, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    3. Richard E. Baldwin, 2011. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocks on the Path to Global Free Trade," Chapters,in: International Handbook on the Economics of Integration, Volume I, chapter 2 Edward Elgar Publishing.
    4. Dobson, Wendy & Masson, Paul R., 2009. "Will the renminbi become a world currency?," China Economic Review, Elsevier, vol. 20(1), pages 124-135, March.
    5. Cecchini, Simone & Madariaga, Aldo, 2011. "Programas de transferencias condicionadas: balance de la experiencia reciente en América Latina y el Caribe," Cuadernos de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 95 edited by Cepal, August.
    6. Aminian, Nathalie & Fung, K.C. & Ng, Francis, 2008. "Integration of markets vs. integration by agreements," Policy Research Working Paper Series 4546, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Caamal-Olvera, Cinthya G. & Rangel-González, Erick, 2015. "Measuring the impact of the Chinese competition on the Mexican Labor Market: 1990–2013," The North American Journal of Economics and Finance, Elsevier, vol. 34(C), pages 351-363.
    2. Barbara Kotschwar, 2014. "China's Economic Influence in Latin America," Asian Economic Policy Review, Japan Center for Economic Research, vol. 9(2), pages 202-222, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecr:col015:2599. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Biblioteca CEPAL). General contact details of provider: http://edirc.repec.org/data/eclaccl.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.