China’s economic diplomacy in the context of the far-right government’s neoliberal nationalism: the case of Brazil’s energy sector

Ricardo Lopes Kotz*, Maria José Haro Sly

*Corresponding author for this work

    Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 12 - Chapter in an edited book (Author)peer-review

    Abstract

    The Belt and Road Initiative (BRI) is the main foreign policy of China under Xi Jinping. BRI has changed from an international investment plan to a broader vision for China’s role in the international system in the twenty-first century. In Latin America, energy is the biggest sector for the destination of Chinese foreign direct investments (FDI), accounting for 51% of Chinese FDI between 2007 and 2018.

    The present article will focus on two study cases of FDI conducted by State Grid Corporation in Brazil: (1) the acquisition of CPFL Energy in 2017, a provider of energy operating in the most important economic region of Brazil; (2) the construction of two transmission lines connecting the Belo Monte Hydropower plant in Northern Brazil to the Southeastern states of Minas Gerais, Rio De Janeiro, and São Paulo.

    The main goal of this article is to view these cases within the framework of the Belt and Road Initiative in order to analyze China’s economic diplomacy and foreign policy in Brazil.
    Original languageEnglish
    Title of host publicationNew nationalisms and China's Belt and Road Initiative
    Subtitle of host publicationexploring the transnational public domain
    EditorsJulien Rajaoson, R. Mireille Manga Edimo
    PublisherPalgrave Macmillan
    Chapter14
    Pages195-215
    ISBN (Electronic)978-3-031-08526-0
    ISBN (Print)978-3-031-08525-3
    DOIs
    Publication statusPublished - 2022

    Bibliographical note

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