For the moment, it does not look like we have the basis for greater and deeper economic relations with China. However, dismissing China and the opportunities that it creates for global cooperation would also be a mistake.
Why rush a deal that is so inherently complex?
After decades of increasing globalisation, there now seems to be a slowing, or even a turn to deglobalisation, meaning decelerating trade and investment and reduced global value chains. This trend seems to have accelerated because of the United States’ push to contain China in the context of their strategic competition. So far, however, there is less evidence of deglobalisation in terms of financial flows.
A look into the potential Comprehensive Agreement on Investment between China and the European Union.
An ageing population is generally bad news for growth prospects, but Japan and Taiwan offer important lessons.
COVID-19 almost one year on, it is time to assess who passed the test, and who failed.
The European Union owes much of its economic weight to its regional value chain and integration into the global value chain. But the EU’s global value chain role is shrinking, and while EU trade integration with China is increasing, it is mainly to China’s benefit, undermining the EU’s external competitiveness.
How can we ensure fair competition between European firms and Chinese state-backed players?
What should be Europe's strategy towards the Regional Comprehensive Economic Partnership (RCEP)?
China is no doubt bound to benefit, but other members of the regional trade pact may benefit even more
A new plan to tackle foreign subsidies would empower the European Commission to investigate foreign investments in the European Union, with Chinese investment particularly in the spotlight. This increased scrutiny could deter some investors. Overall however, fairer competition is worth some lost opportunities.
A look into the intermediary role of Hong Kong in financing cross-border Belt and Road Initiative projects and compare it with Singapore, a similar offshore financial center and competitor.