European Trade with China
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Code : ITF0018
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Region : :China Europe |
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Abstract: In 1975, when Europe re-established diplomatic relations with China, the bilateral trade was just $2.4 billion. By 2002, the bilateral trade had grown to $142 billion, making China the second largest trading partner of the European Union (EU) after the US. However, the trade deficit of Europe with China, which was a mere 0.1 billion euros in 1980 had surged to a colossus 47.3 billion euros by 2002. |
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Pedagogical Objectives:
Keywords
European Union (EU), China, Foreign trade, Bilateral agreements between Europe and China, International Trade & World Economy Case Study, World Trade Organisation (WTO), China's economic reforms, Trade constraints in China, Tariff and non-tariff barriers in China, EU and China trade relations, Euro and European foreign trade, European community, China's WTO membership, Trade between Europe and Asia, European Union's trade deficits, China's balance of payments
Contents :
» LAYING THE FOUNDATION
» ECONOMIC REFORMS AND WTO
» TRADE CONSTRAINTS IN CHINA
» RAPID TRADE GROWTH
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