2 48 China , theEUandLatinAmerica:CurrentIssuesandFutureCooperation globalisation oftrade , culturaland financialflows. Take the example of infrastructure.IfLatinAmericaistosecureitsplaceintheglobalsupplychain andtoimproveregionalenergysecurity , it mustinvestin upgradingits infrastructure.TheSantiagoConsensusrepresentsanewpolicyparadigmshiftin theregion.ChileisthebestexampleoftheSantiagoConsensussofar:ithas achievedthehighestpercapitaincomegrowthintheregion. WhileLatinAmericahasachievedrapideconomicgrowthinrecentyears , it hasstillbeenmuchslowerthanotherregions , especiallyAsia , intermsofGDP growthrate.Inthiscontext , Chinahasbeena modelforLatin American countriestodiscuss.Whilethesocalled “ BeijingConsensus ” isanattemptto sumupChinasgrowthexperience , Chinastillhasnoofficialdescriptionofwhat theBeijingConsensusis.AccordingtoChinasowndevelopmentexperience , it wouldbe wrongtofollow thesamepaththatothershavetaken without consideringacountrysownsituation.Inreality , bothsideshavebeenworking hardtolearnfromeachothersdevelopmentexperience.AlargepartofChinese developmentstudiesfocusedonLatinAmericasdevelopmentexperience , includingits economictakeoff , the “ lostdecade ”, neoliberalreformandthecurrentleftturn ( Xu andZhang2006 ) .SomeLatinAmericancountriesarealsoveryinterestedinChinas successfuldevelopmentstory.Suchmutuallearningcandeepenourunderstandingof developmentandconsolidatediversedevelopmentmodels. ItshouldbenotedthateventheleftleaninggovernmentsinLatinAmerica aredividedintotwogroups ,“ rightleft ” and “ wrongleft ”, asanumberofUS scholarshaveobserved ( Castaneda2006 ) .Thiscolourfulleftwingpoliticswarns usnottotrytosimplifytheworldtoomuch.AstheObamaadministrationhas foundout , theroleofgovernmentbecomesenlargedindealingwitheconomic recession.The WorldBanksleadershavealsoarguedthatthe Washington ConsensusshouldbefollowedbytheSantiagoConsensus ( WorldBank1999 ) .In dealingwiththechallengeofglobalisation , there willbe moreconsensusor convergenceamongthesethreemodelsinthelongrun. 3.4 GeopoliticalThinkingversustheLogicofGlobalisation Lastbutnotleast , geopoliticalfactorsconferatrilateralaspectonSino LatinAmericanrelations.WhetherChinaisathreatinAmericasbackyardor LatinAmericahasbecomeChinasbackyardarequestionsbeingdiscussedbyUS scholarsand reflecta strong geopoliticalapproach to current SinoLatin Americanrelations.CloserSinoLatin Americantieshaveresultedin mixed reactionsin USpolicycircles.MostanalystsappeartoagreethatChinas primaryinterestintheregionistogaingreateraccesstoneededresourcesand
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