Open AccessFears and Strategies: The EU, China and their Free Trade Agreements in East Asia
Author(s) -
María José Molina García
Publication year - 2010
Publication title -
journal of contemporary european research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.299
H-Index - 15
ISSN - 1815-347X
DOI - 10.30950/jcer.v6i4.311
Subject(s) - stalemate , china , international trade , international economics , east asia , free trade , economics , international free trade agreement , business , political science , politics , law
The stalemate at the WTO Doha Round sparked a new wave of bilateral preferential and free trade agreements (FTAs). Nowhere has this been more evident than in the Asia Pacific region. Whilst there are economic reasons for FTAs, these are less efficient and more complex than multilateral agreements and most have had fairly small economic impacts. This paper compares the strategies of a newcomer to the FTA arena, China, and the actor with the most cumulative FTAs, the EU. It ponders on the different reasons informing their strategies and on how these may be affecting each other. It also considers the role of competitive fears and competitive diffusion in the formulation of their policies.