The China Triangle
Latin America's China Boom and the Fate of the Washington Consensus
Summary:
The book examines the economic relationships between China and Latin American countries, highlighting the impact of Chinese investment and trade on the region's development policies and its implications for the influence of the United States and the Washington Consensus. It analyzes the benefits and challenges of this dynamic, including commodity booms, financial ties, and the potential for sustainable growth and autonomy in Latin America.
Key points:
1. China Triangle: Gallagher describes the "China Triangle" as the economic ties between China, Latin America, and the US, which have shifted global trade, with China becoming a key partner in Latin America, challenging US dominance.
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