Economic relations between China and Central and Eastern Europe

Szunomár, Ágnes; McCaleb, Agnieszka; Chen, Xin

doi:10.4324/9781315226644-4

Cited by 5 publications

(3 citation statements)

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“…The most well-known of these initiatives is the 17+1 5 mechanism, officially called "Cooperation between China and Central and Eastern European Countries". The mechanism's primary goal is for China to develop cooperation with European countries in infrastructure, transportation, logistics, trade and investment through the Belt and Road Initiative 6 (Szunomár, 2017). Although an optimistic goal was put forward on 3 Mask diplomacy has defined China's support for medical aid, equipment, and supplies, especially masks, to other countries in the fight against the coronavirus.…”

Section: Eu-china Relations From a Neo-classical Realist Perspective ...mentioning

confidence: 99%

Eu-China Relations in an Evolving Multipolar International System: A Comparative Analysis of Neo-Classical Realism and Neo-Realism

ERDEMİR

2023

mjes

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The EU and China have been competing great powers with their capacities and capabilities at a time when the international system has evolved into multipolarity. In the current conjuncture, the demise of US unipolarity may have an easing effect on EU-China relations. The main research question of this article is: "How can neo-classical realism explain EU-China relations in comparison with neo-realism?". The claim that the multipolar international system leads to great power rivalry is the major reason why the neo-classical realist perspective constitutes the major theoretical framework of this article. This article argues that "EU-China relations can be better understood by utilising the explanatory and predictive power of neo-classical realism when compared to neo-realism". The article evaluates EU-China relations with the help of three case examples to support its argument. The study first presents an overview of the major claims and general scope of neo-realism and identifies this theory's limitations in explaining EU-China relations. Then, the weaknesses of neo-realism in explaining the international system are analysed with the help of neo-classical realism in order to demonstrate why neoclassical realism offers a more explanatory framework in analysing EU-China relations.

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Section: Eu-china Relations From a Neo-classical Realist Perspective ...mentioning

confidence: 99%

Eu-China Relations in an Evolving Multipolar International System: A Comparative Analysis of Neo-Classical Realism and Neo-Realism

ERDEMİR

2023

mjes

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“…In this regard, bearing in mind its growing presence in the region, China appears as one of the trade partners that could encourage export growth as well as more effective involvement of the companies from the WB countries in the global value chains (GVCs). However, most of the authors (Zakić, 2022;Beraha & Jovičić, 2021;Gigov & Poposka, 2022;Szunomár et al, 2020;Jaklič & Svetličič, 2019;Jacimovic, et al 2018;Yue, 2018;Matura, 2019;and others) generally conclude that despite the intensive development of economic cooperation, the WB countries have not fully benefited from trade with China -trade remains unbalanced, leading to significant trade deficit growth in most countries in the region.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Key Features and Challenges of the China-Western Balkan Countries Merchandise Trade Development

Jovičić,

Stojanović

2022

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The economic growth and development of the Western Balkan largely depend on the integration of national economies into international trade flows. Bearing in mind the expanding presence of China in the Western Balkan countries and the considerable increase in bilateral trade over the previous decade, it is of great importance to focus on the strategies for overcoming main challenges and fostering more balanced trade in the forthcoming period. Regarding that, the main aim of the research was to analyze trade flows and patterns and investigate the trade intensity between the Western Balkan countries and China. Furthermore, the research attempted to determine the main challenges and to consider the strategic approach to their overwhelming, including better exploiting the opportunities provided by trade cooperation with China in the rapidly changing global environment. The paper used desk research - a descriptive analysis of data on merchandise trade between six Western Balkans countries (Albania, Bosnia and Herzegovina, Montenegro, Croatia, North Macedonia, and Serbia) and China. The analysis was based on the data available in the UN Comtrade and Trade Map statistical databases for the period 2016-2021. In addition, the Trade intensity index (TTI) was also used in the paper in order to discover how intensively the Western Balkan countries were trading with China. However, despite the rapid trade growth with China, its share in the WB countries' total trade remains at a relatively low level of about 7%. The trade deficit also increased significantly, indicating a deepening of the asymmetry in the economic relations of the observed countries. Although the trade intensity index (TII) confirms the deepening of trade relations, the TII value of 0.24 in 2021 indicates that trade between the Western Balkans and China is still under-represented and there is considerable room for improvement.

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“…In the past years, a number of scholars have drawn attention to China's increasing financial and political role in the Eastern peripheries of Europe, including both member and non-member states of the European Union (e.g., Cieslik, 2019;Drahokoupil, 2017;Ghiretti, 2021a;Matkovic, 2021;Pareja-Alcaraz, 2017;Rogers, 2019Rogers, , 2022Song, 2019;Szunomár, 2019;van der Putten, 2016). Indeed, the four-fold rise of China's outward FDI stock in Eastern Europe (EE) between 2009 and 2016 (Szunomár, 2019: 89) and the ten-times growthfrom USD 583 million to USD 5.67 billionof the three-year moving average of foreign investments from China to EE in the last decade (China Global Investment Tracker, CGIT) 1 are striking tendencies.…”

Section: Introductionmentioning

confidence: 99%

State, capitalism and infrastructure-led development: A multi-scalar analysis of the Belgrade-Budapest railway construction

Szabó¹,

Jelinek²

2023

Environ Plan A

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The 2008 financial crisis allowed for the rising power of China to expand deeper into more (semi-)peripheral regions: in the past decade, the role of China and Chinese SOEs has increased markedly in Eastern Europe. This has been in step with China's geopolitical and geoeconomic expansion, hallmarked by the Belt and Road Initiative; the reconstruction of the Belgrade-Budapest railway line constitutes one of its flagship projects in Europe. This paper aims to explore the complexities of the current reconfiguration of state-capital nexus through an empirical analysis of this particular development project; in doing so, we hope to contribute to the scholarly debate about the heuristic use of ‘new’ state capitalism in three specific ways. First, instead of conceptualizing the state as a territorially confined power container, we propose to scrutinize the state-capital nexus from a multi-scalar and relational perspective. Second, we claim that the study of funding, financing and governing of large-scale infrastructural investments is a fruitful analytical entry point to theorize the changing relations between ‘state’ and ‘capital’. Finally, we argue that from the perspective of contemporary shifts in global power structures, the emergence of state capitalist modalities in the Eastern peripheries of Europe should be understood as a ‘co-production’ of the geopolitical rivalry and elite capture of domains of infrastructure. In terms of methodology, in order to show how state-capital relations are produced, enacted and redrawn, the study builds on the analysis of media sources, policy documents, company networks, semi-structured interviews, and non-participant observations.

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Economic relations between China and Central and Eastern Europe

Cited by 5 publications

References 1 publication

Eu-China Relations in an Evolving Multipolar International System: A Comparative Analysis of Neo-Classical Realism and Neo-Realism

Eu-China Relations in an Evolving Multipolar International System: A Comparative Analysis of Neo-Classical Realism and Neo-Realism

Key Features and Challenges of the China-Western Balkan Countries Merchandise Trade Development

State, capitalism and infrastructure-led development: A multi-scalar analysis of the Belgrade-Budapest railway construction

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