NEW TRENDS IN EU’S ECONOMIC RELATIONS WITH CHINA

Chen Xin ()
Additional contact information
Chen Xin: Institute of European Studies, Chinese Academy of Social Sciences. JianNei Da Jie 5, 100732, Beijing, China

Global Economic Observer, 2013, vol. 1, issue 1, 11-18

Abstract: EU’s economic relations with China in 2012 may be sum up in 4 points. Firstly, EU tried to seek Chinese support in order to facilitate the efforts of stabilizing the market confidence and gain some time for seeking solutions for the European Sovereign Debt Crisis. Secondly, EU tried to expand exports to China, but the effects of its measures are limited. Thirdly, EU strengthened the market defence actions to protect European market, which led to harsh trade disputes between EU and China. Fourthly, EU accelerated the implementation of Global FTA Strategy with the aim to promote exports and to set up new standards in world trade, which could weaken the Chinese competitive advantages. EU’s actions could be understood as a kind of pragmatism, and the contradictions of the actions exposed the lack of vision on its strategy for China and its vague position on EU-China Comprehensive Strategic Partnership. There is an urgency on behalf of the EU to clarify its strategic position toward China, otherwise it would be harmed the continuity of the EU-China Comprehensive Strategic Partnership.

Keywords: EU-China Economic Relationship; EU-China trade disputes; EU FTA; EU-China Comprehensive Strategic Partnership (search for similar items in EconPapers)
JEL-codes: E44 E61 F13 F34 (search for similar items in EconPapers)
Date: 2013-05
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.globeco.ro/wpcontent/uploads/vol/split/ ... 013_vol1_art_002.pdf First version, 2013 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ntu:ntugeo:vol1-iss1-13-011

Access Statistics for this article

Global Economic Observer is currently edited by Serghei Margulescu and Simona Moagar-Poladian

More articles in Global Economic Observer from "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences Contact information at EDIRC., Institute for World Economy of the Romanian Academy
Bibliographic data for series maintained by Stefan Ciucu ( this e-mail address is bad, please contact ).