Magazine article Foreign Affairs

The Political Economy of China-Latin America Relations in the New Millennium: Brave New World

Magazine article Foreign Affairs

The Political Economy of China-Latin America Relations in the New Millennium: Brave New World

Article excerpt

The Political Economy of China-Latin America Relations in the New Millennium: Brave New World EDITED BY MARGARET MYERS AND CAROL WISE. Routledge, 2017, 300 pp.

Leading experts on Chinese-Latin American relations puncture lazy myths and widespread hyperbole in this valuable collection of well-edited essays. Chinese investments and foreign assistance in the region, although noteworthy, are not nearly as significant as many assume, and many Chinese projects announced with great fanfare remain in limbo, including a $50-billion-plus Nicaraguan canal. Overall, the contributors are sanguine about Chinese motives, finding that China's commercial goals take precedence over its possible geopolitical aims-at least for now. A number of the authors note that generous Chinese lending, notably to Venezuela, might have enabled irresponsible populist spending. …

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