“Chinese investment in Central and Eastern European Countries: the analysis of EU factor”, Fumei Zhang (IWE, Hungary)

Historically, the international relationship between China and the European Union mainly refers to trade and investment with western European countries. However, the cooperation between China and CEE countries is much neglected under the EU framework. After profound international political economic change followed by European crisis and China’s rise, these two parties started to seek for cooperation under the “16+1” formula in 2012. Recent years have seen a big growth in trade and investment between China and CEE countries under the cooperation scheme. However, as the deepest integration actor in the world so far, the Central and Eastern European member states still show great economic dependence on western EU members, and member states are still facing EU institutional constraints when dealing with third countries. Therefore there are many uncertainties and challenges for this bilateral China-CEE cooperation. (…)


Read the full article here.