Q&A
Matt Ferchen
{
"authors": [
"Matt Ferchen"
],
"type": "other",
"centerAffiliationAll": "",
"centers": [
"Carnegie Endowment for International Peace",
"Carnegie China"
],
"collections": [
"China and the Developing World",
"China’s Foreign Relations"
],
"englishNewsletterAll": "",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie China",
"programAffiliation": "",
"programs": [],
"projects": [],
"regions": [],
"topics": [
"Economy"
]
}
Source: Getty
Other
China’s Belt and Road Initiative in Latin America and the Caribbean
The recent expansion of China’s Belt and Road Initiative into Latin America and the Caribbean (LAC) is unlikely to bring fundamental change to China–LAC economic relations. It may, however, catalyze a more volatile LAC–China–US geopolitical relationship.
By Matt Ferchen
Published on Dec 20, 2018
Source: International Institute of Strategic Studies
Until quite recently, Chinese officials claimed that Latin America and the Caribbean (LAC) were beyond the central geographic scope of both the continental Eurasian “belt” and the Asian and African maritime “road.” From 2017, however, an increasing number of countries in South and Central America, as well as in the Caribbean, have signed BRI-related memoranda of understanding and announced related business deals, signaling that the BRI has now extended to the Americas. Nevertheless, despite the hype and anxiety surrounding the BRI’s apparent extension to the region, it remains unclear whether its rollout there will change entrenched patterns, challenges and dysfunctions in the China–LAC relationship or merely deepen them. Moreover, at a time of growing U.S.-China strategic rivalry, the expansion of BRI-themed dealmaking in LAC is already playing into growing great power competition and tension.
About the Author
Matt Ferchen
Former Nonresident Scholar, Carnegie-Tsinghua Center for Global Policy
Ferchen specializes in China’s political-economic relations with emerging economies. At the Carnegie–Tsinghua Center for Global Policy, he ran a program on China’s economic and political relations with the developing world, including Latin America.
- How China Is Reshaping International Development
- Why Unsustainable Chinese Infrastructure Deals Are a Two-Way StreetArticle
Matt Ferchen, Anarkalee Perera
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Endowment for International Peace
- The Xi Doctrine Zeros in on “High-Quality Development” for China’s Economic FutureCommentary
In the latest Five-Year Plan, the Chinese president cements the shift to an innovation-driven economy over a consumption-driven one.
Damien Ma
- Europe Is Falling Behind in General-Purpose Robotics. Here’s What It Can Do to Catch Up.Commentary
The continent needs to improve conditions for production of complete AI robotic systems and preserve its edge in hardware.
Pavlo Zvenyhorodskyi
- Europe’s New Industrial Policy Can Learn From U.S. MistakesCommentary
Although the IAA often differs from the IRA, European policymakers can still take note of the U.S. act’s shortcomings.
Milo McBride
- The Diverging U.S. and Israeli Goals in Iran Are Making the Endgame Even MurkierCommentary
The cracks between Trump and Netanyahu have become more pronounced, particularly over energy and leadership targets.
Eric Lob
- How the Hormuz Closure Is Testing the Korean President’s Progressive AgendaCommentary
The crisis is not just a story of energy vulnerability. It’s also a complex, high-stakes political challenge.
Darcie Draudt-Véjares
