The Tapestry of Chinese Capital in the Global South

Though China’s capital export is not as big as many journalistic and think tank reports portray, it is definitely a rising force in shaping the context of development in many developing countries. Excluding capital flight to financial centers, most Chinese outward investment to developing regions is in the extractive, infrastructure, and trade sectors. Chinese governmental foreign aid, mostly in the form of grants and loans, has been rising in the developing world too. The form and size of China’s inroad into the Global South vary from country to country, depending on individual countries’ geopolitical and geoeconomic relation with China, as well as the countries’ natural resources endowment. The existing literature on China in the Global South focuses mostly on Africa. This paper accompanies an article collection that expands our knowledge on China’s variegated impact by looking into Argentina, Pakistan, the Philippines, and Central Asia. It also looks into how China is reshaping the structure of global politics at large.

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This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons license, unless indicated otherwise in a credit line to the material.

Hung, H-F. (2018) 'The Tapestry of Chinese Capital in the Global South', Palgrave Communications 4.65

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