Title How China is reshaping the global economy : development impacts in Africa and Latin America / Rhys Jenkins

Edition Second edition Published Oxford : Oxford University Press, [2022] ©2022

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Description 1 online resource Series Oxford Scholarship Online Oxford Academic Contents Introduction -- 1 The Transformation of the Chinese Economy -- 2 The Workshop of the World -- 3 A Voracious Dragon? -- 4 Going Global -- 5 The World's Wallet? -- 6 China's Economic Expansion in Sub-Saharan Africa -- 7 China's Economic Impacts on Sub-Saharan Africa -- 8 Social, Political, and Environmental Impacts in Sub-Saharan Africa -- 9 China's Economic Expansion in Latin America and the Caribbean -- 10 China's Economic Impacts on Latin America -- 11 Social, Political, and Environmental Impacts in Latin America -- 12 A Comparative Perspective on China's Involvement in Sub-Saharan Africa and Latin America and the Caribbean -- 13 Conclusion Summary The growth of China and its re-emergence as a major economic power has been a key feature of globalization in the twenty-first century. China has become an increasingly significant actor in the global economy and this is likely to continue in the foreseeable future. The implications of this for Sub-Saharan Africa (SSA) and Latin America and the Caribbean (LAC) have been a source of major debate. This book examines the arguments, drawing on a growing body of research on China's economic involvement in SSA and LAC. It begins by considering the process of economic reform in China from the late 1970s that provided the basis for China's growing integration with the global economy. It considers four aspects of this integration: the growth of China as a global manufacturing centre; its impact on global commodity markets; the overseas expansion of Chinese firms as part of the 'Go Global' policy; and the increased role of China in global capital flows. Discussion of China's impact on SSA and LAC is characterized by disagreements over both the extent of its presence and the underlying drivers. The book documents the different forms of Chinese economic involvement and clarifies some of the confusions that have arisen over the extent of China's presence. It then analyses the economic, social, political, and environmental impacts of China on both regions to show a much more varied picture than the one that is often presented. These impacts depend to a significant extent on local conditions and actors and cannot be explained solely as a consequence of Chinese expansion Notes Previous edition: 2019 Bibliography Includes bibliographical references and index Notes Description based on online resource; title from home page (Oxford Academic, viewed May 16, 2023) Subject Economic development -- Africa, Sub-Saharan Economic development -- Latin America Investments, Chinese -- Africa, Sub-Saharan Investments, Chinese -- Latin America Economic development Economic policy International economic relations Investments, Chinese SUBJECT China -- Foreign economic relations -- Africa, Sub-Saharan Africa, Sub-Saharan -- Foreign economic relations -- China China -- Foreign economic relations -- Latin America Latin America -- Foreign economic relations -- China China -- Economic policy. http://id.loc.gov/authorities/subjects/sh85024018 Subject China Latin America Sub-Saharan Africa Form Electronic book ISBN 0191957240 9780191957246 9780192691392 0192691392 9780192691408 0192691406

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