Latin America in China's contemporary foreign policy

Abstract

In view of China's economic growth and rising international status, Latin American and Caribbean countries will accord increasing priority to their relations with the Asian giant. China's permanent seat in the United Nations Security Council is also a factor to reckon with. Today, Brazil, Argentina, Venezuela and Mexico have established strategic partnerships with China. While the vast distance between China and Latin America generates difficulties in transportation and mutual understanding, it also means that both parties have no serious conflicts of strategic and political interests. Their Third World orientations in diplomacy contribute to a 95% concurrence in their votes in the United Nations. While the Chinese leadership seeks to promote multipolarity to curb US unilateralism, it appreciates its limitations in Latin America. In addition, China and the Latin American and Caribbean countries value good relations with the US. In the foreseeable future, China will increase its investment in Latin America and more Sino-Latin American business joint ventures will be formed. These trends may well reduce trade frictions associated with China's economic expansion.