Cooperation Formats of China and Europe: Synergies and Divergences

Šteinbuka Inna (), Muravska Tatyana () and Kuznieks Andris ()
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Šteinbuka Inna: University of Latvia Aspazijas bulv 28, Riga LV-1050, Latvia
Muravska Tatyana: University of Latvia Rainaa bulvaris 19, Riga LV-1586, Latvia
Kuznieks Andris: University of Latvia Aspazijas bulv 28, Riga LV-1050, Latvia

TalTech Journal of European Studies, 2017, vol. 7, issue 1, 98-118

Abstract: This contribution articulates the synergies and divergences of the various formats of cooperation between China and the European countries. The EU and China have a strong interest in each other’s flagship initiatives, namely the Investment Plan for Europe, and the One Belt, One Road Initiative (Silk Road Economic Belt and 21st-Century Maritime Silk Road). The authors argue that there are certain synergies between these initiatives. Furthermore, the new initiative EU-China Connectivity Platform is aimed to explore these synergies. The authors explore the recent developments in the EU-China investments, trade cooperation and the challenges of the ever-growing CEEC-China partnership in different formats, including the new platform of 16+1. The authors examine these implications in relation to the need to expand and adapt the content and approach of the EU-China Bilateral Investment agreement. The article concludes that the CEEC-China relation does not go against the EU; moreover, neither the CEE countries nor China have any motivation to try to weaken the EU.

Keywords: Bilateral investment agreement; CEEC economic integration; EU; trade and investment (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:bjeust:v:7:y:2017:i:1:p:98-118:n:7

DOI: 10.1515/bjes-2017-0007

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