ANewEraforChinaLatinAmericanRelations:MoreOpportunitiesthanChallenges 2 49 marketsbymeansoftradeandinvestment.TheyhaveconfidenceinAmericas economicandgeographicaladvantageoverChina.Meanwhile , someanalysts arguethatChinasinvolvementintheregioncouldposeafuturethreattoUS influence.TheyevenarguethatsomeLatinAmericancountrieslooktoChinaas aneconomicandpoliticalalternativetothe Washington Consensusand US hegemony.Chinastiestothosecountriesruledbyleftleaningpoliticianswith anantiAmericancharacterhavealsobeencriticised.ThesemixedUSreactions towardChinaspresenceinLatinAmericareflectthecompetingperspectivesof globalisationandgeopolitics. Chinesescholarshavealsoarguedthatitisnecessarytoexplainandclarify byallmeansthatChinawillnotharmthirdpartyinterestsandwilllookonthe confrontationwiththeU.S.whenitentersLatinAmerica ( ZhuandLiu2008 ) . BecauseofChinaslowprofilediplomacy , neutralpoliticalpositionandregular dialogueswiththeUSAonLatinAmericanaffairs , Washingtoniswatchfulbut notalarmed ( Hakim2006 ) .TheUSAisconfidentthatitwillcontinuetobethe longtermpartnerofpreferencefortheregion. ToassesstrilateralrelationsbetweentheUSA , ChinaandLatinAmericain apositivelight , weneedtoclarifywhattheircommoninterestsare.Forthe USA , LatinAmericaisthelargestforeignsupplierofoil , astrongpartnerin developingalternativefuelsandoneofthefastestgrowingtradingpartners.Ifit istoproperlyaddressitsownconcerns , includingillegalmigrationanddrug trafficking , the USA needsto helptheregionto deal with povertyand inequality , publicsecurity , migrationandenergysecurity.China , ontheother hand , needs accessto regionalenergy and markets , and to ensurethe cooperationoftheregioninreformingthecurrentinternationalsystem.Latin Americaneedsinvestment , tradeandtechnologyto meetthechallengesof developmentandglobalisation.Basedontheseindividualinterests , anumberof sharedinterestscanbederived.Chinasinvestmentsintheenergysectorcan increasetheenergysupplytoall , stabiliseworldenergypricesandboostregional development.Andasalreadymentioned , aprosperousLatinAmericawillalso sendoutagoodmessagefortheglobaleconomy , whichbenefitsall. Thisissimilartothesituationin Africa , whereboomingChinaAfrica relationshaveencouragedtheEUtoimproveitsrelationswithAfrica.Acloser ChinaLatinAmericarelationship willalsopersuadethe USA topay more attentiontotheregionsneedssinceitsfocushasshiftedtootherregionssince September11.AcomprehensiveapproachonthepartofboththeUSAandthe EUtothesetwodevelopingregionswillalsohelptodevelopChinasforeign policy.TheChinesegovernmentattachesimportancetolocaljobcreationand
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