Mapping Chinese Mining Investment in Latin America: Politics or Market?
- 29 March 2012
- journal article
- research article
- Published by Cambridge University Press (CUP) in The China Quarterly
- Vol. 209, 35-58
Abstract
Analyses of Chinese foreign direct investment (FDI) sometimes question the investment criteria of Chinese firms, suggesting that market rules are not fundamental but secondary to political and geostrategic concerns. Questioning the apolitical nature of markets, the present article uses the internationalization of China's mining industry as a case study to ascertain the criteria that guide Chinese FDI. It first examines quantitative data from 2000 to 2010 which suggests that Chinese mining investment in Latin America and worldwide gravitates towards liberal economies. Second, by focusing on the projects of Chinese mining firms in Peru, the article illustrates how China's overseas mineral quest is best explained by probing into the integrated strategies of individual mining firms which seek to capitalize their comparative advantage in accessing Chinese markets and the political momentum of the “Going Out” strategy.Keywords
This publication has 22 references indexed in Scilit:
- China's engagement in South America and Africa's extractive sectors: new perspectives for resource curse theoriesThe Pacific Review, 2011
- An Andean Avatar: Post-Neoliberal and Neoliberal Strategies for Securing the UnobtainableNew Political Economy, 2011
- The biopolitics of food provisioningTransactions of the Institute of British Geographers, 2010
- In It for the Long Term? Governance and Learning among Chinese Investors in Zambia's Copper SectorThe China Quarterly, 2009
- Chinese FDI in Sub-Saharan Africa: Engaging with Large DragonsThe European Journal of Development Research, 2009
- The determinants of Chinese outward foreign direct investmentJournal of International Business Studies, 2007
- Fighting for the ForestsLatin American Perspectives, 2007
- Primitive accumulation, accumulation by dispossession, accumulation by ‘extra-economic’ meansProgress in Human Geography, 2006
- Development, Transition and Globalization in China's Coal IndustryDevelopment and Change, 2005
- Mining Mountains: Neoliberalism, Land Tenure, Livelihoods, and the New Peruvian Mining Industry in CajamarcaEnvironment and Planning A: Economy and Space, 2005