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The evidence demonstrating that nations gain from trade is overwhelming. However, trade liberalization can cause disruption to firms and workers, and its gains and losses are spread unevenly. While many gain from trade, import surges have sometimes undermined the economic viability of whole...
Persistent link: https://www.econbiz.de/10011865881
China’s Belt and Road Initiative (BRI) is an international trade and development strategy. Launched in 2013, it is one of the ways China asserts its role in world affairs and captures the opportunities of globalisation. The BRI has the potential to enhance development prospects across the...
Persistent link: https://www.econbiz.de/10011959930
China and the European Union have an extensive and growing economic relationship. The relationship is problematic because of the distortions caused by China's state capitalist system and the diversity of interests within the EU's incomplete federation. More can be done to capture the untapped...
Persistent link: https://www.econbiz.de/10012302014
The European Union is very open to foreign direct investment. By comparison, despite considerable liberalisation in the past two decades, foreign investors in China's markets still face significant restrictions, especially in services sectors. Given this imbalance, the EU has long sought to...
Persistent link: https://www.econbiz.de/10012655178
Despite tensions over China's discriminatory business practices, China's trade continues to thrive, and the country has taken over from the United States as the first destination for foreign investment. American and European businesses continue to be engaged in China's large and growing market,...
Persistent link: https://www.econbiz.de/10012655254
The evidence demonstrating that nations gain from trade is overwhelming. However, trade liberalization can cause disruption to firms and workers, and its gains and losses are spread unevenly. While many gain from trade, import surges have sometimes undermined the economic viability of whole...
Persistent link: https://www.econbiz.de/10011866458