Content Type: Journal Article / Political Geography: Central Europe / Topic: International Trade and Finance

Author:: Vilem Semerak
Publication Date:: 12-2015
Content Type:: Journal Article
Journal:: International Issues: Slovak Foreign Policy Affairs
Institution:: Slovak Foreign Policy Association
Abstract:: The paper provides an overview of stylized facts on current trends in trade between the PRC and the 16 Central and Eastern European (CEE) countries. The potential effects of the “One Belt, One Road” initiative are discussed as are policy recommendations for the CEE countries. Trade with China is seen as complementary to trade with the core of the EU (and with the mutual trade of the CEE region,) once the international fragmentation of value chains is taken into account. Multilateral and plurilateral (e.g. EU-based) approaches to relations with China are likely to generate fewer risks compared to isolated solutions based on national interest pursued individually by CEE countries.
Topic:: Economics, International Trade and Finance, Politics, and Multilateral Relations
Political Geography:: China, Eastern Europe, and Central Europe

Author:: Agnes Szunomar
Publication Date:: 12-2015
Content Type:: Journal Article
Journal:: International Issues: Slovak Foreign Policy Affairs
Institution:: Slovak Foreign Policy Association
Abstract:: China is increasingly perceived in Central and Eastern Europe as a country which could bring economic success to the countries of the region through the development of trade relations and the growing inflow of Chinese investment. Within the region, Hungary is regarded as occupying a prominent position by Chinese people and the government for several reasons. Chinese relations have historically been good: over the past decade Hungarian governments have committed themselves to developing the relationship. This trend was further confirmed after the global economic crisis of 2008, when Hungary started looking for new opportunities in its recovery from recession. The “Eastern opening” policy was initiated after the crisis and partly because of it. Officially, this policy puts more emphasis on further developing Chinese–Hungarian relations than was previously the case, including increasing trade and investment. However, the outcomes of the policy – such as the construction of the Budapest–Belgrade railway line – can be evaluated in different ways.
Topic:: Development, Economics, International Trade and Finance, and Politics
Political Geography:: China and Central Europe

Author:: Peter Ondris
Publication Date:: 12-2015
Content Type:: Journal Article
Journal:: International Issues: Slovak Foreign Policy Affairs
Institution:: Slovak Foreign Policy Association
Abstract:: While numerous specialist studies about Chinese communities have been published in other countries in the region, this is not the case in Slovakia. Therefore there is a general lack of information about the Chinese community in Slovakia. The objective of this study is, at least partially, to fill this gap. While in many cases, i.e. in Central and Eastern Europe, businesses run by Chinese migrants have contributed to the economic stabilization of the region, including in Slovakia. It should be noted that the number of Chinese people in Slovakia has in the last ten years decreased as a percentage of the foreigners living legally in Slovakia. One could assess this as being a consequence of Slovakia’s EU membership and its adoption of European legislation. The Slovak government has adopted policies to try to change the nature of Chinese migration to Slovakia and attract more educated people and businessmen.
Topic:: Development, Economics, International Trade and Finance, European Union, and Multilateral Relations
Political Geography:: China, Eastern Europe, Hungary, Central Europe, and Slovakia

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