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China's Advance into Emerging Markets - A Focus on ASEAN, Latin America and Africa

Author

Listed:
  • Choi , Pil Soo

    (Korea Institute for International Economic Policy)

  • Kwon , Ki-Su

    (Korea Institute for International Economic Policy)

  • Park , Young Ho

    (Korea Institute for International Economic Policy)

  • Cheong , Jae Wan

    (Korea Institute for International Economic Policy)

  • Lee , Hyo-jin

    (Korea Institute for International Economic Policy)

Abstract

In 2001, China adopted "Go Global" as its official policy agenda, which pertains to Chinese businesses in overseas. The policy was set as the primary means of foreign economic cooperation in the 10th 5-year plan (2001-2005). Consequently, in 2009 and in 2008 were legislated. Moreover, the Export-Import Bank of China and the China Development Bank provide policy loans and preferential loans for financial support. In line with this, the Chinese government's flexible diplomatic and political stance contributes to Chinese businesses in emerging markets.

Suggested Citation

  • Choi , Pil Soo & Kwon , Ki-Su & Park , Young Ho & Cheong , Jae Wan & Lee , Hyo-jin, 2014. "China's Advance into Emerging Markets - A Focus on ASEAN, Latin America and Africa," World Economy Brief 14-15, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepwe:2014_015
    DOI: 10.2139/ssrn.2488265
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