The China-Latin America Axis Emerging Markets and their Role in an I
This second edition explores and accounts for the many changes in the emerging markets of China and the Latin American countries since 2011. Taking account of major developments such as the rapid expansion of the Chinese state and the on-going effects of
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THE CHINA-LATIN AMERICA AXIS Emerging Markets and their Role in an Increasingly Globalised World 2nd EDITION
The China-Latin America Axis
Gaston Fornes • Alvaro Mendez
The China-Latin America Axis Emerging Markets and their Role in an Increasingly Globalised World Second Edition
Gaston Fornes University of Bristol Bristol, UK
Alvaro Mendez London School of Economics London, UK
ESIC Business & Marketing School Madrid, Spain
ISBN 978-3-319-66720-1 ISBN 978-3-319-66721-8 (eBook) https://doi.org/10.1007/978-3-319-66721-8 Library of Congress Control Number: 2017959336 © The Editor(s) (if applicable) and The Author(s) 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: YAY Media AS / Alamy Stock Vector Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Gaston To Cristina, for everything I have learned from you. To Maria and Chloe, for making every day an amazing day. Alvaro To Leonor Suárez and Alvaro Mendez Peñaranda, for always believing in me.
Acknowledgements
Special thanks are due to Chris Alden, Enrique García, Rolando Avendaño, and Sebastian Nieto for their contributions to the endless task of finishing the text of this book.
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Contents
1 China and Latin America in the Twenty-First Century 1 2 Emerging Markets, the Markets of the Future 17 3 China-Latin America: The Emerging Markets’ Axis 53 4 Rivals and Partners 131 5 Chinese Dragons Disembarking in Latin America 177 6 Multilatinas and the China Challenge 205 7 Conclusions 227 ppendix A: China’s Policy Paper on Latin America A and the Caribbean (FMPRC, 2016) 237 hina’s Policy Paper on Latin America and the Caribbean C (FMPRC, 2008) 261 ix
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