EU-China Trade: A Review of the Facts and Where We Stand
China and the Belt and Road Initiative: Trade Relationships, Business Opportunities and Political Impacts, page 1- 16; 2021
7 Pages Posted: 2 Aug 2023
There are 2 versions of this paper
EU–China Trade: A Review of the Facts and Where We Stand
Date Written: April 2021
Abstract
The most prominent economic characteristic associated with China’s rise is the massive trade, and notably, Chinese exports in goods to the global market. As a less developed and highly populated country, China owned strong demand potential for the world’s manufactures and the advantage of low labor cost to produce goods. Over the past decades, China’s market reform and openness has contributed to better use of such resources, unleashing such a potential strength into practice.
Suggested Citation: Suggested Citation