dollar diplomacy
noun
1
: diplomacy used by a country to promote its financial or commercial interests abroad
2
: diplomacy that seeks to strengthen the power of a country or effect its purposes in foreign relations by the use of its financial resources
Examples of dollar diplomacy in a Sentence
Recent Examples on the Web
Yet the belief in the power of business alone to transform Cuban society—trumpeted by anti-embargo advocates like the U.S. Chamber of Commerce—can indeed sound suspiciously like dollar diplomacy.
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Michael J. Bustamante, Foreign Affairs, 19 Aug. 2015
Paraguay’s presidential election is a referendum on China’s dollar diplomacy in Latin America 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning.
—Diego Lasarte, Quartz, 4 May 2023
The bottom line is China’s ultimate objective is to institutionalize Sino-African public-private partnerships by utilizing dollar diplomacy to create an ecosystem to support strategic interests.
—Earl Carr, Forbes, 10 Feb. 2023
The tour was meant as a counterweight to China in a region where Beijing’s dollar diplomacy has bought significant influence.
—New York Times, 30 Nov. 2020
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Michael J. Bustamante, Foreign Affairs, 19 Aug. 2015
Paraguay’s presidential election is a referendum on China’s dollar diplomacy in Latin America 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning.
—Diego Lasarte, Quartz, 4 May 2023
The bottom line is China’s ultimate objective is to institutionalize Sino-African public-private partnerships by utilizing dollar diplomacy to create an ecosystem to support strategic interests.
—Earl Carr, Forbes, 10 Feb. 2023
The tour was meant as a counterweight to China in a region where Beijing’s dollar diplomacy has bought significant influence.
—New York Times, 30 Nov. 2020
Dictionary Entries Near dollar diplomacy
Cite this Entry
“Dollar diplomacy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/dollar%20diplomacy. Accessed 26 Nov. 2024.
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