The European China Strategy to Enhance Economic Security

Hyun Jean Lee ()
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Hyun Jean Lee: KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP), Postal: [30147] Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si, Korea, http://www.kiep.go.kr/eng/

No 24-38, World Economy Brief from Korea Institute for International Economic Policy

Abstract: The recent strategy change of the European countries toward China has identifiable triggering factors such as the continuation of high growth in the Chinese economy, rising status of China in the international community, and China’s FDI expansion. The West has criticized the Chinese Communist Party’s dealing with human rights issues and media control, which was further aggravated by China’s pro-Russian stance upon the outbreak of the Russian-Ukrainian war. Eventually, the European countries responded with confrontational strategies against China. This study analyzes these recent de-risking methods of the EU and four European countries – i.e., Germany, France, United Kingdom, and Poland – regarding economic relations with China. Finally, the Brief concludes with an assessment of the impact of the recent changes in Europe’s China strategy on Korea and policy recommendations.

Keywords: European strategy; China; De-risking; Foreign Direct Investment (FDI); Human rights; Media control; Russia-Ukraine war; Economic relations; Germany; France; UK; Poland; Korea (search for similar items in EconPapers)
Pages: 9 pages
Date: 2024-11-18
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2024_038

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