Chinese Influence And Expansion In Latin America

1109 words - 4 pages

Chinese influence and expansion has reached Latin America and the Caribbean. Over the past 10 years, the Chinese government has aggressively pursued a trade policy emphasizing a growth in Chinese manufactured imports and exports of Latin American raw materials. China’s focus is on exporting raw materials; such as soybeans, metals, and oil in exchange for a vast amount of Chinese manufactured goods. This aggressive push into the Latin American trade theater has provided exponential growth in the region. However, this Chinese economic model is slowly readjusting the region back to its pre-1970’s state of over-dependence on commodity exports. In addition to becoming a major trade partner in the region, China has become a financial investor in the nations so heavily that many fear China will soon surpass the United States as the major player in the region.
China is rapidly increasing its involvement in the region. Over the past few years, Chinese trade has increased around 30% each year to meet their demand/need for raw materials. In 2010, “China’s share of the regions trade has reached 20%... up from just 1% in 1995.” (Stier 259) This increase has made China the top trade partner for Brazil, Argentina, and Chile and a leading partner in many other Latin American and Caribbean nations. The increase in trade has had a major impact on Latin American economics though as between 2002 and 2010, the number of Latin American people living in poverty dropped from 44% of the population to only 32%.
China’s involvement in Latin America expands further than being involved in trade as they have made a move into becoming a major financial leader and regional investor in Latin America and the Caribbean. In 2011 alone, Chinese banks and investment totaled $73 billion in Latin America. These investments include building highways and bridges, opening retail stores and Chinese owned grocery markets, and the building of Confucian schools to spread Mandarin and Chinese culture into Latin America. Relatively, as China’s monetary involvement has increased, so has the number of Chinese immigrants in Latin America. This influx of Chinese activity, however, threatens to disrupt the economic systems of Latin America by moving those countries back to their dependence of commodity exports.
The trade involving China and Latin America is moving in a way that threatens the livelihood of manufactured goods made in Latin America. The Chinese are overwhelmingly only buying raw materials from the region and are mainly shipping Chinese manufactured goods, which are produced at a lower cost by Chinese manufacturers. These businesses, especially Latin American textiles and low-level technology, are being dwindled into near non-existence by the wave of cheaper Chinese made goods, leading to the inability of Latin American businesses to provide Latin American made goods into their own region, much less other parts of the world. Latin American has become a major market for...

Find Another Essay On Chinese Influence and Expansion in Latin America

modernism in latin america Essay

1024 words - 5 pages by thousands of poets around the world. "Azul..." is considered the first book of Modernism in the Spanish language and his use of the Alexandrine verses in particular was an enormous influence in the Modernist movement (""). Another forerunner for the modernism movement was the Cuban poet and revolutionists José Martí. He fought for the unity of Latin America against US imperialism, stating “I have lived inside the

Independence In Latin America Essay

683 words - 3 pages "Independence of Latin America" In the 1800's, Latin American countries won independence, but many new independent countries had trouble creating strong, stable governments. The Creoles played an important role in the independent movements. These countries won their independence through strong leaders and many other factors. As soon as these countries won their independence from Spain and Portugal, they did not want to return the way

Democracy in Latin America

3430 words - 14 pages Now days democracy has been establish in every Latin America country except Cuba, which is still a socialist state. It seemed that every other alternative form of government such as Marxism or Leninism has failed and been replaced by democracy. Furthermore it looks like people in Latin American really enjoy democracy and its’ benefits, as they also consider it to be the best form of government. After the failure of authoritarian leaders and the

Clothes In Latin America

700 words - 3 pages Clothes in Chile and general Latin America Clothing styles throughout Latin America vary from region to region and have been influenced through several different sources. Fashion in Latin America today and traditional fashions of Latin America differ dramatically. Climate, location, isolation, population, economy, history, colonial influences are many of the sources that have helped to contribute to these changes.Traditional Latin American

Demographics In Latin America

5843 words - 23 pages Timing of demographic transition in Latin America and its links with human development (An essay) Introduction The deep and rapid change in the demographic pattern for most of the Latin American countries that occurred as a consequence of fertility decline corresponds to one of the most important population structural changes in the Region in modern times. One of the main effects of this change is the transformation taking place in an age

Islam in Latin America

1072 words - 4 pages can be called guidelines for ever Muslim including Muslims in Peru and Panama. Years after the Muslim religion evolved, Muslims came to Peru with the coming of the Spaniards. Muslims were then called “Moros” and they were even called Moors by the Spaniards, the Muslims came to Peru to escape persecution in Spain. They stayed in many places in Latin America, particularly in Peru, where they had a strong influence on the local way of life

Slavery in Latin America

1283 words - 5 pages Slavery in Latin America After Mexico and South America had been conquered, Spain and Portugal wanted to develop the economy and export the resources that would benefit the monarchy back home. The Indians were working in the silver mines in Northern Mexico, supervised by blacks. The gold mining regions in Central Mexico were hot and tropical, and after the introduction of disease, these areas became death zones. The indigenous people could

Postmodernism in Latin America

715 words - 3 pages Postmodernism in Latin America Postmodernism is the 19th and 20th century reaction against the previously dominant western foundationalism, or modernism. Foundationalism is rooted in classic Cartesian philosophy: ontologically, an objective reality exists independent of our perception of this reality and we can gain access to it if our theories are logically based on some indubitable foundation. For Descartes, this indubitable

Slavery in Latin America

4556 words - 18 pages Allende Gossens, head of the Popular Unity party, a coalition of leftist political parties, won a plurality of votes in the presidential election and became the first Marxist to be elected president by popular vote in Latin America. Allende, in an attempt to turn Chile into a socialist state, nationalized many private companies, instituted programs of land reform, and, in foreign affairs, sought closer ties with Communist countries. Widespread

Ethnicity and Latin America

1151 words - 5 pages Ethnicity and Latin America Latin America and the American colonies were “tamed” based on completely different ideologies. From a Latin American perspective, the most important of the European explorers were of course, the Spanish and the Portuguese. These explorers arrived in Christopher Columbus’ “new world” with the express goal of bringing glory and prestige to their homeland. In stark contrast, settlers came to the colonies seeking

Latin America And Slavery

1925 words - 8 pages Prior to its independence Latin America had been controlled by external forces for hundreds of years. To be freed of control from these outside interests did not in any way guarantee Latin America a return to the status quo. In fact, the inhabitants of Latin America had done very well in assimilating their in house controllers. They adopted European language, religion, color, and just about everything else that the European culture had to

Similar Essays

Influence Of Colonialism In Africa And Latin America

651 words - 3 pages Influence of Colonialism in Africa and Latin America The institutions of imperialism and colonialism have shaped the face of growth and development of the social, political, and economic forces in Africa. As outlined by Boahen, the extent of the “influence” that these institutions asserted varies and has both positive and negative aspects. Several of these aspects that exists in Africa are mirrored in Latin America, while others differ

Spanish Theatre And Its Influence In Latin America

1446 words - 6 pages Since its creation the Spanish Golden Age Theatre has held an important role in the Spanish society. The golden age theatre was from 1590-1681. During this era, the Golden Age had a huge influence over the Latin American theatre world. Spain in particular saw a monumental increase in the production of live theatre. Before the Golden Age era, live theatre was non-existence. The production of live theatre became popular and was attended by both

Gender Roles And Sexuality In Latin America

1179 words - 5 pages Marianismo and machismo are the traditional gender roles in Latin America. Marianismo is the aspect of female gender roles while machismo is the aspect of male gender roles. The key belief of machismo is that men hold supremacy over women. For the most part these gender roles conform to traditional understanding of sexuality, masculinity, and femininity. There is only one key contradiction I found when it came to traditional understandings of

Faith And Honor In Latin America

1288 words - 5 pages public esteem other members of society bestowed on an individual." (Burkholder 18) The rise of honor was comparable to the rise and fall of power and just as control was the key to governing honor was the foundational cornerstone to colonial Latin America. Honor was so influential in the Culture of colonial Latin America, that it significantly influenced politics, education, and the rise and fall of power. The first confounding influence