Economic relations between China and Venezuela: modern characteristics and prospects
Autor: | Alexandra G. Koval, Mikhail I. Sorokin |
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Jazyk: | angličtina |
Rok vydání: | 2021 |
Předmět: |
Latin Americans
foreign economic policy lcsh:HB71-74 Political crisis international trade Economic strategy lcsh:Economics as a science geopolitics Geopolitics Investment (macroeconomics) lcsh:HD72-88 lcsh:Economic growth development planning Politics Economy Political science foreign investments General Earth and Planetary Sciences venezuela China china General Environmental Science |
Zdroj: | RUDN Journal of Economics, Vol 29, Iss 1, Pp 197-209 (2021) |
ISSN: | 2408-8986 2313-2329 |
Popis: | Venezuela suffers currently from a deep economic and political crisis. China, being significant partner for Venezuela, has recently increased its presence on the Venezuelan market. The study reveals the distinguishing features of modern Chinese-Venezuelan economic relations. It analyzes China's foreign economic strategy in Latin America and identifies the trends in trade, investment and finance relations between China and Venezuela. The conclusion is made that the Chinese strategy in Venezuela is not based on the concept of South - South cooperation, but it more relates to the North - South approach. At the same time, the political factor plays an increasingly significant role in the development of relationship between states from a perspective of escalation of the confrontation between the United States and China. The possible scenarios and consequences of the Venezuelan political crisis for China are identified and certain comparisons with Russia are presented. |
Databáze: | OpenAIRE |
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