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