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Academic Journal of Business & Management, 2023, 5(19); doi: 10.25236/AJBM.2023.051920.

Analysis on the Challenges and Prospects of Sino-Latin American Trade Cooperation in the Context of Sino-American Competition

Author(s)

Jiage Liang, Feng Chen

Corresponding Author:
Jiage Liang
Affiliation(s)

Jilin University of Foreign Studies, Yuncheng, Shanxi, 130000, China

Abstract

Latin America and the Caribbean are the natural extension of the "21st century Maritime Silk Road". Since the 21st century, China-Latin America relations have entered a stage of rapid development. Latin America is also an indispensable partner in the era of great changes unseen in the world in a century. Sino-us relations are the most important bilateral relations in international relations, the comprehensive upgrading of Sino-US competition has become an international consensus, Latin America has been regarded as the "back garden" of the United States due to historical and geographical reasons, the United States has a very large voice and control in Latin America, Latin America and the United States have close cooperation in all aspects. The United States defends its absolute control in Latin America. Under the principle of mutual benefit, China and Latin America have made major breakthroughs in the economic and trade fields, which has laid a certain material foundation for China-Latin America cooperation. In the international context of intensifying competition between China and the United States, the United States is increasingly sensitive to the development of China-Latin America relations. In recent years, although Sino-Latin American relations have been developing steadily in a good trend, we cannot ignore the influence factors of the United States in it, and we cannot relax our vigilance against the United States government. China should adopt an objective and rational approach to respond positively and rationally to the constraints imposed by the United States on China-Latin America cooperation, so as to promote a virtuous circle among the three sides.

Keywords

The Belt and Road, competition between China and the United States, relations between China and Latin America, trade cooperation between China and Latin America

Cite This Paper

Jiage Liang, Feng Chen. Analysis on the Challenges and Prospects of Sino-Latin American Trade Cooperation in the Context of Sino-American Competition. Academic Journal of Business & Management (2023) Vol. 5, Issue 19: 141-145. https://doi.org/10.25236/AJBM.2023.051920.

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