英文摘要 |
The United States and China are currently the two largest trading partners for most of the countries in Latin America and the Caribbean (LAC). Similarly, for the past couple of decades, China has enlarged its role as a source of credits and investments for some of the LAC countries, while the US has maintained its traditional influence as the largest investor for most of the economies in the region. However, with the increasing economic decoupling between Washington and Beijing, new opportunities and challenges have been presented to the LAC economies, with important winners and losers within and across countries. In this article, I discuss the way the changing US-China relations, particularly in the economic field, are having an impact on how Latin American governments and firms are conducting their ties with the two major superpowers. To appreciate these reactions, an analysis of the evolution of US-China relations, as well as the integration of Latin America to global markets is in place. Despite shared cultural features, common history, and geographic proximity, countries in LAC are being impacted in different ways by the identified Sino-American economic decoupling. To better understand this phenomenon, we also need to consider elements such as geographical and ideological distance from the United States, the composition of their export baskets, and the abundance (or lack) of strategic natural resources, among others. |