The Chinese Project “One Belt One Road” Toward Latin America and the Caribbean. Economic-financial implications

Authors

  • Ruvislei González-Sáez Research Center of International Policy (CIPI) and Havana University

DOI:

https://doi.org/10.1344/jesb2019.2.j062

Keywords:

Belt and Road Initiative, China, Geostrategy, Latin America and Caribbean, Integration

Abstract

In September 2013, the president of the People's Republic of China, Xi Jinping presented in Kazakhstan the idea of the great project Belt and Road Initiative (BRI). Two years later Beijing made official the megaproject with the institutionalization of six corridors and its two slopes, the Economic Belt of the Silk Road and the Maritime Silk Road of the 21st century. In its initial projection the connection of Asia with Europe, crossing the Middle East and involving Africa was proposed. However, starting in 2016, the extension to Latin America and the Caribbean is being projected, through the development of a series of economic-financial projects. The article uses primary and secondary sources, and a narrative style, to argue that BRI is more than an infrastructure and economic initiative. The major objective of the study is to determine and highlight the relevance of economic-financial dimensions, without downplaying the obvious political implications.

Downloads

Download data is not yet available.

Author Biography

Ruvislei González-Sáez, Research Center of International Policy (CIPI) and Havana University

Chief of Asia and Oceania Team, Member of the Scientific Council of the CIPI and professor of the Havana University

References

AIIB. 2019. AIIB Approves Membership of Côte d’Ivoire, Guinea, Tunisia, and Uruguay. Available in: https://www.aiib.org/en/news-events/news/2019/20190422_001.html.

CEPAL. 2017. United States- Latin America and the Caribbean Trade Developments 2016-2017. Available in: http://www.cepal.org.

CEPAL. 2018. “Explorando nuevos espacios de cooperación entre América Latina y el Caribe y China. Segunda Reunión Ministerial del Foro de la Comunidad de Estados Latinoamericanos y Caribeños (CELAC) y China.” Comisión Económica de las Naciones Unidas para América Latina y el Caribe. http://www.cepal.org.

China-CELAC. 2015. Plan de Cooperación China-CELAC 2015-2019. http://politica-china.org/wp-content/plugins/download-attachments/includes/download.php?id=807.

Chinaenamericalatina. 2018a. Ferrovía de integración Oeste-Este FIOL. http://www.chinaenamericalatina.info/es/2018/09/20/ferrovia-de-integracion-oeste-este-fiol/.

Chinaenamericalatina. 2018b. Ferroviario Panamá Chiriquí. Inversiones Chinas en América Latina. http://www.chinaenamericalatina.inf/es/2018/09/20/ferroviario-panama-chiriqui/.

Del Río, Laura. 2018. “Las firmas chinas sostienen el negocio del Smartphone.” Computing, December 3. http://www.computing.es/mercado-ti/informes/1109058046401/firmas-chinas-sostienen-negocio-del-smartphone.1.html.

ENR.2017. “Engineering News Record 2017 Top Global Contractors 1-100.” htpp://www.enr.com/toplists/2017-Top-250-Global-Contractors-1

Fórum China-CELAC 2018. “II Fórum China-Comunidad de Estados Latinoamericanos y Caribeños (CELAC).” http://www.chinacelacforum.org/esp/ltdt_2/t1527540.htm.

Economic Digital News. 2017. “Los cuatro bancos más grandes del mundo son chinos.” Dirigentes Digital, July 19.

https://dirigentesdigital.com/hemeroteca/los_cuatro_bancos_mas_grandes_del_mundo_son_chinos-LRDD52827

García Fernández, Anibal. 2018. “China en América Latina, según Estados Unidos.” Celag, debates económicos. https://www.celag.org/china-america-latina-segun-eeuu/.

González Saez, Ruvislei. 2019. “II Foro Mundial de la iniciativa de La Franja y La Ruta.” Saeeg. http://saeeg.org/index.php/2019/05/20/ii-foro-mundial-de-la-iniciativa-de-cooperacion-de-la-franja-la-ruta-dando-forma-futuro-compartido-mas-brillante/.

IISS.2018. “China’s Belt and Road Initiative in Latin America and the Caribbean.” IISS. Vol. 4. https://www.iiss.org/publications/strategic-comments/2018/chinas-bri-in-latin-america.

ISDP. 2016. The Belt & Road Initiative 一 带 一 路. http://isdp.eu/content/uploads/2016/10/2016-The-Belt-and-Road-Initiative.pdf.

Hong, Zhao. 2016. China´s One Belt One Road: an overwiew of the debate. ISEAS Yusof Ishak Institute. ISBN 978-981-47-6236-6 http://bookshop.iseas.edu.sg

Huawei. 2018. Corporate information. https://www.huawei.com/es/about-huawei/corporate-information/milestone.

Jiechi, Yang. 2019. “The Belt and Road Initiative and Preparations for the Second Belt and Road Forum for International Cooperation.”April 01.

https://eng.yidaiyilu.gov.cn/qwyw/rdxw/84390.htm.

Laguens, José L. 2018. “Siete empresas constructoras españolas entre las 100 primeras del sector a nivel global.” Octubre 02.

http://www.elempresario.com/noticias/economia/2018/10/02/siete_empresas_constructoras_espanolas_entre_las_100_primeras_del_sector_nivel_global_111464_1098-html.

Leading Group for Promoting the Belt and Road Initiative. 2019. “The Belt and Road Initiative Progress, Contributions and Prospects.” First Edition . Belt and Road portal. ISBN 978-7-119-11973-1. https://eng.yidaiyilu.gov.cn/zchj/qwfb/86739.htm.

Molina Molina, E. 2010. La defensa del capitalismo en el pensamiento económico occidental: breve ensayo crítico. La Habana: Editorial Félix Varela.

Núñez, Leticia. 2018. “La competencia china amenaza el liderazgo de las constructoras españolas en Latinoamérica.” Alnavio, February 23. https://alnavio.com/noticia/12951/economia/la-competencia-china-amenaza-el-liderazgo-de-las-constructoras-espanolas-en-latinoamerica.html

Obras. 2019. “China es el emperador de la construcción a nivel mundial.” https://obrasweb.mx/construccion/2019/04/09/china-es-el-emperador-de-la-construccion-a-nivel-mundial.

Parra Pérez, Águeda. 2017. “BRI: las 5 claves de la mayor iniciativa de infraestructura mundial liderada por China.” Documento de opinión No. 113/2017. Instituto Español de Estudios Estratégicos (IEEE). Madrid, España. http://www.ieee.es

Perelló Cabrera, J.L. 2018. “China y Cuba: la nueva ruta de la seda.” Excelencias news Cuba. December 01. https://www.excelenciascuba.com/es/noticia/china-y-cuba-la-nueva-ruta-de-la-seda. La Habana, Cuba.

Ríos Xulio. 2018. “Dinero fácil y trampa de deuda.” Observatorio de la Política China. September 10. http://politica-china.org/areas/politica-exterior/dinero-facil-y-trampa-de-deuda.

Rodríguez, Mirta. 2017. “Los 19 acuerdos que firmaron China y Panamá.” La Estrella de Panamá. November 17. http://laestrella.com.pa/economia/19-acuerdos-entre-china-panama/24033943.

Yidai Yilu website. 2019. “Information about the Belt and Road Initiative.” http://eng.yidaiyilu.gov.cn.

Downloads

Published

2019-07-12

How to Cite

González-Sáez, Ruvislei. 2019. “The Chinese Project ‘One Belt One Road’ Toward Latin America and the Caribbean. Economic-Financial Implications”. Journal of Evolutionary Studies in Business 4 (2):108-31. https://doi.org/10.1344/jesb2019.2.j062.