Cooperation Formats of China and Europe : Synergies and Divergences
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Date
2017-06-27
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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.
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Publisher Copyright: © 2017 by Inna Šteinbuka.
Keywords
Bilateral investment agreement, CEEC economic integration, EU, trade and investment, 5.2 Economy and Business, 5.6 Political science, 1.1. Scientific article indexed in Web of Science and/or Scopus database, History, Sociology and Political Science, Political Science and International Relations
Citation
Å teinbuka, I, Muravska, T & Kuznieks, A 2017, 'Cooperation Formats of China and Europe : Synergies and Divergences', TalTech Journal of European Studies, vol. 7, no. 1, pp. 97-117. https://doi.org/10.1515/bjes-2017-0007