China's Advance into Emerging Markets - A Focus on ASEAN, Latin America and Africa

4 Pages Posted: 29 Aug 2014

See all articles by Pil Soo Choi

Pil Soo Choi

Korea Institute for International Economic Policy

Ki-Su Kwon

Korea Institute for International Economic Policy

Young Ho Park

Korea Institute for International Economic Policy

Jae Wan Cheong

Korea Institute for International Economic Policy

Hyo-jin Lee

Korea Institute for International Economic Policy

Date Written: April 18, 2014

Abstract

In 2001, China adopted “Go Global” as its official policy agenda, which pertains to Chinese businesses in overseas. The policy was set as the primary means of foreign economic cooperation in the 10th 5-year plan (2001-2005). Consequently, in 2009 and in 2008 were legislated. Moreover, the Export-Import Bank of China and the China Development Bank provide policy loans and preferential loans for financial support. In line with this, the Chinese government’s flexible diplomatic and political stance contributes to Chinese businesses in emerging markets.

Keywords: International Development Finance Institutions, development finance institutions (DFIs), African market, Construction, Infrastructure, China, Africa, Latin America

Suggested Citation

Choi, Pil Soo and Kwon, Ki-Su and Park, Young Ho and Cheong, Jae Wan and Lee, Hyo-jin, China's Advance into Emerging Markets - A Focus on ASEAN, Latin America and Africa (April 18, 2014). KIEP Research Paper No. World Economic Update 14-15. Available at SSRN: https://ssrn.com/abstract=2488265 or http://dx.doi.org/10.2139/ssrn.2488265

Pil Soo Choi (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Ki-Su Kwon

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Young Ho Park

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Jae Wan Cheong

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Hyo-jin Lee

Korea Institute for International Economic Policy ( email )

Seoul 137-602

Register to save articles to
your library

Register

Paper statistics

Downloads
53
Abstract Views
427
rank
386,711
PlumX Metrics