Open AccessChina - EU: legal framework and trade cooperation at the present stage
Author(s) -
Mingjun He
Publication year - 2020
Publication title -
vestnik rossijskogo universiteta družby narodov. seriâ èkonomika
Language(s) - English
Resource type - Journals
eISSN - 2408-8986
pISSN - 2313-2329
DOI - 10.22363/2313-2329-2020-28-1-72-82
Subject(s) - prosperity , china , international trade , european union , order (exchange) , politics , political science , economic system , international economics , economics , law , finance
Relations between the EU and China are of global importance, and these ties are likely to expand in the coming years. Analyzing the trade relations between the EU and China in 2009-2018, the author notes their activation and at the same time the growth of instability and imbalance. The main purpose of this article is to answer the question, what are the success factors and problems of cooperation in the field of mutual trade, in order to identify the conditions that can play an important role in the process of strengthening bilateral ties between China and the European Union. According to the author, China and the European Union, taken together, can become engines of a more cooperative approach to world politics, global stability and regional economic prosperity.