Library: Economics

Relations with Latin America have never been and will probably never be a priority for the People's Republic of China (PRC), as they will be a dependent variable of domestic economic needs and other more important foreign policy goals – among all, the ties with the United States. During the first forty years of existence, geopolitical and economic considerations (Latin America was considered to be Washington's backyard and the economies of the region were not complementary with that of China) were keeping the PRC away from the area; nevertheless, things have changed ever since the end of the C...