Chinese resource quest in Brazil : the changing role of economic statecraft
Alves, Ana Cristina
Date of Issue2012
School of Humanities and Social Sciences
Economic incentives play a central role in Chinese foreign policy. In particular, infrastructure loans seem to be a prominent tool in China’s quest to secure access to resources in developing regions. This is most evident in Africa. It is interesting to note that, even though the necessary conditions are present in Brazil, (depleted infrastructure and abundant resources) China’s financial inducements have struggled to facilitate Chinese companies deep access to sectors of Brazilian resources. This is even more striking considering that both parties have repeatedly expressed strong willingness to expand Chinese investments in Brazil’s mining, oil and infrastructure sectors over the last decade. This article reviews China’s attempts to implement its infrastructure-for-resources loans in Brazil in the period 2000-2011, and analyses the reasons behind its failure and the significant adjustments that surfaced in the midst of the financial crisis.
DRNTU::Social sciences::Political science::International relations
Portuguese journal of international affairs
© 2012 Instituto Português de Relações Internacionais e Segurança. This paper was published in Portuguese Journal of International Affairs and is made available as an electronic reprint (preprint) with permission of Instituto Português de Relações Internacionais e Segurança. The paper can be found at the following URL: [www.ipris.org/php/download.php?fid=725]. One print or electronic copy may be made for personal use only. Systematic or multiple reproduction, distribution to multiple locations via electronic or other means, duplication of any material in this paper for a fee or for commercial purposes, or modification of the content of the paper is prohibited and is subject to penalties under law.