Sino-Latin American Economic Relations

By He Li | Go to book overview

7
Technology Transfer

Over the last few years, along with increasing trade relations, technological cooperation has become an integral part of China's interaction with Latin America. It has also become a way for China to increase its political and technological leverage in its foreign relations with this region.

Since the late 1970s, Beijing has adopted a vigorous technology transfer policy emphasizing the introduction of advanced technology diversification of sources, and more pragmatic practice of self-reliance. Under such policy, the PRC has been importing technology from the West. On the other hand, in certain types of technology, notably satellite-launching and space technology, China has a comparative advantage. Beijing can also offer some appropriate technology to its counterparts in Latin America. For instance, China is widely recognized as a world leader in small hydropower stations and possesses substantial light industrial technology. In recent years, China has become not only an exporter of raw material such as petroleum but also a potential exporter of advanced technology products. China's technology exports have made huge strides since 1986, when the technology export value totaled only $20 million. In 1989, China's technological exports totaled $895 million, tripling the figure of 1988.1 Considering the difficulties of breaking into the more desirable markets of the industrialized countries, the Chinese have steadily focused their technology exports on the Third World. Up to 1990, Beijing had scientific and technological agreements with twelve Latin American countries, namely, Brazil, Mexico, Argentina, Venezuela, Chile, Colombia, Ecuador, Nicaragua, Peru, Guyana, Cuba and Trinidad and Tobago and nuclear agreements with Argentina, Brazil, and Chile.

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Sino-Latin American Economic Relations
Table of contents

Table of contents

  • Title Page iii
  • Contents v
  • Tables and Figures vii
  • Abbreviations ix
  • Acknowledgments xi
  • 1 - Introduction 1
  • Notes 8
  • 2 - Early Development of Sino-Latin American Economic Relations: 1949-1958 10
  • Notes 17
  • 3 - The Years after the Cuban Revolution: 1959-1969 20
  • Notes 32
  • 4 - The Period of Normalization of Relations: 1970-1977 34
  • Notes 49
  • 5 - China's Open-Door Policy and Trade with Latin America: 1978-1990 53
  • Notes 74
  • Notes 87
  • 7 - Technology Transfer 89
  • Notes 95
  • 8 - Problems and Issues in Current Economic Relations 97
  • Notes 109
  • 9 - Prospects for Future Economic Relations 111
  • Notes 127
  • 10 - Summary and Conclusions 130
  • Notes 146
  • Appendix A: Trade Treaties and Agreements between China and Latin America, 1949-1990 151
  • Appendix B: Major Sino-Latin American Joint Ventures in Latin America 159
  • Selected Bibliography 161
  • Index 171
  • About the Author 179
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