In this paper we empirically examine the extent and properties of production sharing in Latin and North America as well as that in East Asia. In 2006, exports of parts and components from Latin and North America constituted 29.7% of the region’s exports of manufactured goods to the world. Both...

As the European Union was recovering from the deepest economic crisis since the introduction of the euro, a number of new challenges popped up. First and foremost, British citizens decided in favor of the UK leaving the European Union in June 2016, and a growing number of countries saw...

With the trade conflict between the United States and China bringing China-US strategic competition into the open, the European Union faces an urgent question: how to position itself in the competition. This paper reviews the impact of the US-led trade war against China and its immediate...

The Belt and Road initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to reduce transportation costs across a massive geographical area between China and Europe. We estimate how much trade might be created among Belt and Road countries as a consequence...

This paper analyses empirically how increasingly close trade relations between China and Russia might a ect the European Union (EU). We show that EU countries are complementary to Russia on the Chinese market. However, Chinese exports are increasingly relevant substitutes for EU exports on the...

This paper analyses empirically how increasingly close trade relations between China and Russia might affect the European Union (EU). We show that EU countries are complementary to Russia on the Chinese market. However, Chinese exports are increasingly relevant substitutes for EU exports on the...

Presenting our latest issue of Panorama, where we focus on the economic and trade connectivity between Asia and Europe. Our authors not only look at the US-China trade war but also provide an overview of Asia-Europe relations in the age of rising uncertainty,including the development and...

After more than seven years of negotiations, the European Union (EU) and China reached a deal for their Comprehensive Agreement on Investment to go forward at the end of 2020. Such deal is important politically both for the EU and China. The EU reads it as a clear sign of its quest for strategic...

This report examines key aspects of the European Union-China economic relationship, including trade, investment and China’s key strategic project overseas, the Belt and Road Initiative (BRI). We conclude that China is, and will continue to be, a major trade and investment partner for EU...

The Belt and Road Initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to reduce transportation costs across a massive geographical area between China and Europe. We estimate how much trade might be created among Belt and Road countries as a consequence...