Economic cooperation of the countries of Central and Eastern Europe with the People’s Republic Of China
Economic cooperation of the countries of Central and Eastern Europe with the People’s Republic Of China
Author(s): Alexander Victorovich Golubkin, Artem Alexandrovich YakovlevSubject(s): Economy
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: Central-Eastern Europe; People's Republic of China; investment; international trade; the Silk Road; Strategy “16+1”
Summary/Abstract: The aim of the paper is an assessment of the current state of economic cooperation between the People’s Republic of China and the countries of Central and Eastern Europe. We present volumes and structure of Chinese trade and investments in the region in the period 2010-2017. At present, the countries of Central and Eastern Europe are becoming some of the most important directions for China to develop foreign economic relations, which is confirmed by the inclusion of European countries in the Chinese initiative “Belt and Road” and the development of the “16+1” interaction strategy. Strengthening of economic ties with China stimulates the flow of Chinese capital to the region, which is necessary for modernizing the infrastructure of the CEE countries, while the People’s Republic of China will receive new logistics routes for its products and strengthen its positions in the European market.
Journal: Studia Ekonomiczne
- Issue Year: 2017
- Issue No: 4
- Page Range: 468-480
- Page Count: 13
- Language: English
