Beijing's institutionalised economic statecraft towards Brazil: a case study

Abstract

This study adopts an institutional approach in the case analysis of China's economic statecraft towards Brazil. In light of institutionalisation theory, it examines the institutional arrangements between Beijing and Brasilia for the purpose of facilitating bilateral economic cooperation and advancing strategic partnership. As a descriptive effort, it yields some preliminary findings: first, the institutionalisation of China's economic statecraft towards Brazil is incremental, driven largely by the desire for and belief in long-term planning; second, a set of norms, values, and principles is instituted alongside designated agencies, point persons, operational protocols, and exchange mechanisms, creating a form of institutional governance based on a multi-actor, multilevel, and network-based steering mode; third, governance remains so centralised that it falls short in empowering strategic participation; and, fourth and finally, Beijing's institution-building proves useful in the management of relations with Brazil, suggesting that economic statecraft may benefit from institutionalisation.