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CRITICAL ANALYSIS OF GLOBAL DEVELOPMENTS, TRENDS & IDEAS

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Colonialism

China in Latin America: Sister Country or Neo-Colonialist?

in Asia/Diplomacy/Economics/Latin America by
Rafael Correa Yi Xinping

Ever since the end of the 15th century, Latin America has been seen by outsiders overwhelmingly as a place rich in natural resources. In the 21st century, the most recent outsider, China, is as hungry for its raw materials as any other previous power. It needs Argentinian agricultural products for its fisheries and pig farms to feed its growing middle class. It needs Bolivian and Peruvian iron and copper to continue building its manufacturing industries, and Ecuadorian and Venezuelan oil to fuel them. Past encounters with foreign powers in Latin America reveal a patter of resource extraction and economic dependency that benefited primarily the outside power and the local elite. Some, most notably Venezuelan President Nicolas Maduro, in the region say that relations with China will be different, that China is a partner and a sister country, not an imperialist outside power. These optimists are hoping for a reinvention of the relationship between resource hungry outside powers and natural resource rich nations in the region. Unfortunately, Chinese recent forays into the region appear to be mirroring this tragic historical pattern.

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