EU–China Economic Relations to 2025: Building a Common Future

EU–China cooperation should not be seen as an end in itself, but as a stepping stone to wider global governance cooperation and reform.

This report is the culmination of an 18-month study by Bruegel, Chatham House, the China Center for International Economic Exchanges and the Institute of Global Economics and Finance at The Chinese University of Hong Kong. The project was supported by a senior advisory group, with input from former ministers on both the European and Chinese sides.

The report identifies key trends and areas of potential economic collaboration in the coming decade. It cites the ‘significant opportunities’ and benefits for the two global powers to deepen their economic ties, with scope for an ‘enormous increase’ in investment in both directions.

The study, however, also documents the obstacles - including significant differences between political and economic systems - which could frustrate increased collaboration, and argues that building a genuine strategic partnership will require greater effort from both EU and Chinese leaders.

EPRS: Study, April 2017: Transformation of China and global economic interdependence http://www.europeansources.info/record/transformation-of-china-and-global-economic-interdependence/

---