Contemporary Chinese Economic Relations. A Catalyst in the Africa-Latin America Trade Relations

Master's Thesis from the year 2021 in the subject Business economics - Economic Policy, grade: Merit, Lancaster University, language: English, abstract: Since the early 2000s however, many scholars and experts appeared to put a strong emphasis on what China can offer to Africa and Latin America, but paid limited attention to the benefits of Chinese economic expansion in improving conditions for interregional trade relations. Using a combination of quantitative and qualitative research methods, the present study introduces the perspective that China's economic cooperation has a crucial importance in boosting trade relations between Africa and Latin America. Furthermore, the study identifies that both regions share similar purposes - to some extent -, but not strong interests in each other - which has equally affected the tendencies of their trade relations. While orienting a keen attention toward opportunities and challenges that the Covid-19 pandemic stimulates, the study reveals why it is essential that Africa and Latin America reassess their economic priorities, although China's economic engagements remain indispensable as to develop their trade relations.