The Economic Statecraft of China in Latin America and the role of Strategic Partnerships. The case of the China-Argentina partnership
Keywords:
China, Latin America, Argentina, Economic Statecraft, Strategic PartnershipsAbstract
China has entered the new millennium with the goal of returning to the club of the great world powers and is running as the clearest candidate to dispute the hegemonic power of the United States. The “Chinese dream of revitalization of the great Chinese nation” and the “community of destiny” have become two of the main foreign policy purposes of the current president, Xi Jinping. In both concepts, the economic arena occupies a priority place. In this context, the economic statecraft, understood as the manipulation of international economic activities by a State to achieve strategic objectives (Norris, 2010) becomes a fundamental tool for Beijing in the framework of consolidation of its global power. It has also become an effective means to attract Latin American countries, rich in the natural resources that China needs to sustain its economic growth rates. In this regard, the Asian giant has established strategic partnerships aimed at strengthening ties with Beijing, which focus on trade, investment and finance (priority areas of action in the economic statecraft). This paper intends to analyze the economic statecraft that China deploys in Latin America and its link with the establishment of strategic associations in the region, in order to understand if they contribute to give an institutional framework to the economic policy of power that China deploys in the region. For this, we will take the case of the Argentina-China relationship at the beginning of the 21st century, analyzing its process of approach and evolution of bilateral political-diplomatic relations until the signing of the 2014 Comprehensive Strategic Partnership.
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