Chinese-EU Bilateral Trade (2007-2011). “Competition & the Exchange of Technology”
|Title:||Chinese-EU Bilateral Trade (2007-2011). “Competition & the Exchange of Technology”|
Vol. 6, No 2, 2013
Published date: 20-11-2013 (print) / 20-11-2013 (online)
Journal of International Studies
ISSN: 2071-8330, eISSN: 2306-3483
|Keywords:||Bilateral Trade, China, EU|
Eurostat sources document that Chinese bilateral trade with the European Union (EU) has quadrupled since the year 2000. While China has become the centre of attention for its trade expansion in numerous consumer and manufactured goods. A further feature concerns its trade in products more purposely suited to industrial production, transport and which contain medium and higher shares of technology. This work finds that the export of these commodities to the EU has increased rapidly as a share of total exports between 2007 and 2011, while the EU share has in fact declined. The structure and type products exchanged from this sector is categorized by the United Nations under the heading of “Machinery & Transport Equipment” and play a large role in determining the extent and nature of a country’s integration into global supply and production networks. This paper questions the latter in respect of Chinese bilateral trade co-operation with the European Union.