Keywords: Chinese, Economic Development, Global South, Infrastructural Finance, Loans

Abstract

This paper examines south-south relations and development in the context of Chinese economic diplomacy. Particular attention is directed to the impact of Chinese loans and infrastructural finance on developing societies in Africa, Asia and Latin America. Despite the existence of scholarly works on the Chinese economic diplomacy in the Global South, there is a dearth of holistic comparative framework capturing these processes and its implication for long-term economic development in the Southern hemisphere. Thus, this paper reappraised the place of Chinese economic diplomacy in the economic development of developing countries in Africa, Asia and Latin America. The approach is historical based on the descriptive analysis of government documents, records of relevant non-governmental organisations, and the extant literature. It concludes that the economic development of the developing societies in the Global South is inseparable from regional macroeconomic strategies and critical engagement with Chinese economic diplomacy.

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Published: 2025

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