Lu, Zheng (2012): EU-China Economic Relations: Interactions and Barriers.
Download (606kB) | Preview
EU-China economic interactions became more and more frequent in the past decades, nowadays EU and China are main trade partner for each other. This paper analyzed EU-China economic interactions from three dimensions: bilateral governmental interactions, trade and investment flows as well as barriers to trade and investment. Findings show that EU-China close relationship is particularly based on goods trade especially on intra-industrial trade of manufacturing industrial products, and trade imbalance is arising from trade in Machinery and Transport Equipment and Other Manufactured Goods (e.g., Clothing and clothing accessories); This paper also found that there exist a myriad of trade and investment barriers to EU-China interactions, including both tariff and non-tariff obstacles. Therefore, this paper argued that if EU and China want to handle the trade imbalance efficiently, they must improve composition of trade in goods, while essentially, it requires lessening or eliminating EU-China trade barriers which hampered trade composition improvement.
|Item Type:||MPRA Paper|
|Original Title:||EU-China Economic Relations: Interactions and Barriers|
|Keywords:||EU-China Relations; Trade; Trade Barriers; FDI|
|Subjects:||F - International Economics > F1 - Trade > F13 - Trade Policy ; International Trade Organizations
F - International Economics > F5 - International Relations, National Security, and International Political Economy > F59 - Other
|Depositing User:||Zheng Lu|
|Date Deposited:||14. Aug 2012 04:36|
|Last Modified:||24. Aug 2015 13:15|
Ashton, C.(2009). The EU-China Trade Relationship Going Forward: Building Confidence. Speech at the University of International Business and Economics, Beijing, China.
Beneyto, J.M., Sorroza, A., Hurtado, I. and Corti, J.(2011). Political Dialogue in EU-China Relations. Documento de Trabajo Serie Unión Europea No.50/2011, CEU Ediciones, Madrid, Spain.
Biuković, L.(2010). Selective Adaptation of WTO Transparency Norms and Local Practices in China and Japan. In Debra P. Steger(ed.) Redesigning the World Trade Organization for the Twenty-first Centuy. Waterloo, Canada: Wilfrid Laurier University Press, pp.193-218.
Brenton, P., Sheehy, J. and Vancauteren, M.(2001). Technical Barriers to Trade in the European Union: Importance for Accession Countries. Journal of Common Market Studies, 39(2), pp.265-284.
Brülhart, M. and Matthews, A.(2007). EU External Trade Policy. In El-Agraa andAli, M.(eds.) The European Union: Economics & Policies (8th Edition). Cambridge: Cambridge University Press, pp.921-967.
Chang, H.-J.(2004). Regulation of Foreign Investment in Historical Perspective. The European Journal of Development Research, 16(3), pp.687-715.
Casarini, N.(2006). The Evolution of the EU-China Relationship: from Constructive Engagement to Strategic Partnership. Occasional Paper No.64, Institute for Security Studies, the European Union, Paris, France.
Council of EC and Government of P. R. China.(1985). Agreement on Trade and Economic Cooperation Between European Economic Community and the People’s Republic of China. Official Journal of the European Communities, No L250, 19 September 1985, pp.2-7.
Dai, X.(2006). Understanding EU-China Relations: An Uncertain Partnership in Making. Research Paper 1/2006, Centre for European Union Studies, The University of Hull, UK.
EU Commission.(1995). A Long-term Policy for China-Europe Relations. Communication from the Commission[COM(1995)279 final], Brussels, 15.07.1995.
EU Commission.(1998). Building a Comprehensive Partnership with China. Communication from the Commission[COM(1998)181 final], Brussels, 25.03.1998.
EU Commission.(2001). EU Strategy towards China: Implementation of the 1998 Communication and Future Steps for a more Effective EU Policy. Communication from the Commission[COM(2001)265 final], Brussels, 15.05.2001.
EU Commission.(2003). A Maturing Partnership-Shared Interests and Challenges in EU-China Relations. Commission Policy Paper[COM(2003)533 final] , Brussels, 10.09.2003.
EU Commission.(2006). Closer Partners, Growing Responsibilities, A Policy Paper On EU-China Trade and Investment: Competition and Partnership. Commission Working Document [COM(2006) 631 final], Brussels, 24.10.2006.
EU Commission.(2010). The CAP towards 2020: Meeting the Food, Natural Resources and Territorial Challenges of the Future. Communication from the Commission[COM(2010)672 final], Brussels, 18.11.2010.
EU Commission.(2011a). Commission Regulation (EU) No 258/2011 of 16 March 2011 Imposing a Provisional Anti-dumping Duty on Imports of Ceramic Tiles Originating in the People’s Republic of China. Official Journal of the European Union(English Edition), L70, Volume 54, 17 March,2011, pp.5-30.
EU Commission.(2011b). Trade and Investment Barriers Report 2012. Report from the Commission to the European Council[COM(2011)114 final], Brussels, 10.3.2012.
EU Commission.(2012). Trade and Investment Barriers Report 2012. Report from the Commission to the European Council[COM(2012)70 final], Brussels, 21.2.2012.
EU Council.(2000a). Council Regulation (EC) No 1334/2000 of 22 June 2000 Setting up a Community Regime for the Control of Exports of Dual-use Items and Technology. Official Journal of the European Union(English Edition), L159, Volume 54, 30 June,2000, pp.1-215.
EU Council.(2000b).Council Decision of 22 June 2000 Repealing Decision 94/942/CFSP on the Joint Action Concerning the Control of Exports of Dual-use Goods. Official Journal of the European Union(English Edition), L159, Volume 54, 30 June,2000, pp.218.
EU Council.(2000c). Council Joint Action of 22 June 2000 Concerning the Control of Technical Assistance Related to Certain Military End-uses. Official Journal of the European Union(English Edition), L159, Volume 54, 30 June,2000, pp.216-217.
EU Council.(2011a). Council Implementing Regulation (EU) No 917/2011 of 12 September 2011 Imposing a Definitive Anti-dumping Duty and Collecting Definitively the Provisional Duty Imposed on Imports of Ceramic Tiles Originating in the People’s Republic of China. Official Journal of the European Union(English Edition), L238, Volume 54, 15 September,2011, pp.1-23.
EU Council.(2011b). Council Implementing Regulation (EU) No 451/2011 of 6 May 2011 Imposing a Definitive Anti-Subsidy Duty on Imports of Coated Fine Paper Originating in the People’s Republic of China. Official Journal of the European Union(English Edition), L128, Volume 54, 14 May,2011, pp.18-75.
EU Council.(2011c). Council Implementing Regulation (EU) No 452/2011 of 6 May 2011 Imposing a Definitive Anti-Dumping Duty and Collecting Definitively the Provisional Duty Imposed on Imports of Coated Fine Paper Originating in the People’s Republic of China. Official Journal of the European Union(English Edition), L128, Volume 54, 14 May,2011, pp.1-17.
EUROPA.(2007). EU Budget-Facts and Myths. Press Releases MEMO/07/350, Europa.eu, date: 12/09/2007.
Fox, J. and Godement, F.(2009). A Power Audit of EU-China Relations. European Council on Foreign Relations(ECFR), London, UK.
GAO.(2008). Laws and Policies Regulating Foreign Investment in 10 Countries. Highlights of GAO-08-320, a report to the Honorable Richard Shelby, Ranking Member, Committee on Banking, Housing, and Urban Affairs, U.S. Senate, U.S. Government Accountability Office, Washington DC.
Global Britain.(2004). Customs Duties: Hardly Worth Collecting. Global Britain Briefing Note No.33, 17 September, 2004, London, UK.
Griese, O.(2006). EU-China Relations-An Assessment by the Communications of the European Union. Asia Europe Journal, 4(4), pp.544-554.
Kasteng, J.(2012). Paving the Way for Unfair Competition: The Imposition of EU Anti-Dumping Duties on Ceramic Tiles from China. Stockholm, Sweden: National Board of Trade.
Kern, S.(2008). SWFs and Foreign Investment Policies-An Update. Frankfurt. German: Deutsche Bank Research, October 22, 2008.
Kraft, J. M.(2010). Surviving the “Made in China” Stigma: Challenges for Chinese Multinational Corporations. Master of Arts Thesis, published on 18/06/2010, California, USA: University of Southern California.
Lardy, N. R.(2003). Trade Liberalization and Its Role in Chinese Economic Growth. Proceedings of International Monetary Fund and National Council of Applied Economic Research Conference “A Tale of Two Giants: India’s and China’s Experience with Reform and Growth”, November 14-16, 2003, New Delhi, India.
Lorca-Susino, M.(2006). The EU-China Trading-Economic Relationship is not a Zero-Sum Game. European Union Miami Analysis(EUMA), Vol.3, No.3, Miami, USA.
Mullally, L., O’Brien, N. and Stephenson, P.(2005). Open Up: Why the EU Must Reform to Survive. London, UK: Open Europe.
National Audit Office.(2008). Financial Management in the European Union. Norwich, UK: The Stationery Office.
Prevost, D., Choukroune, L., Creemers, R. and Huchet, J.-F.(2011). EU-China Trade Relations. Directorate-General for External Policies of the Union, Directorate B, European Parliament, Brussels, Belgium.
SCIO.(2011). China's Foreign Trade. Governmental White Paper, first edition 2011, State Council Information Office(SCIO), Beijing, China.
Smith, M. and Xie, H.(2010). The European Union and China: The Logics of ‘Strategy Partnership’. Journal of Contemporary European Research, 6(4), pp.432-448.
Sorroza, A.(2011). Is the Eurozone Crisis Changing EU-China Relations? Elcano Royal Institute(ARI) 154/2011, Madrid, Spain.
Stepan, M. and Ostermann, F.(2011).EU-China Relations: Strategic or Pragmatic, the Future or Already the Past? Atlantisch Perspectief, 35(2), pp.19-24.
van der Putten, F. P.(2009). The EU Arms Embargo against China: Should Europe Play a Role in East Asian Security? Social and Cultural Research Occasional Paper Series No.7, published by Centre for Qualitative Social Research Centre, Department of Sociology, Hong Kong Shue Yan University, Hong Kong, China & East Asian Studies Program, Department of History, Pace University, New York, USA.
von Reppert-Bismarck, J. (2004). OECD Scolds EU, U.S. for Slow Farm-Subsidy Cuts. The Wall Street Journal Europe, 11 Jun 2004.
Wickman, K.(2003). Whither the European Agricultural Policy? A Viable Reform of the CAP in the Context of an Enlarged EU and the Doha Development Round. Stockholm, Sweden: Timbro.