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  • Author: Xiao Fang
  • Publication Date: 12-2015
  • Content Type: Journal Article
  • Journal: International Issues Slovak Foreign Policy Affairs
  • Institution: Slovak Foreign Policy Association
  • Abstract: China and Central Europe have experienced similar transitions over time and have a constructive role to play in the international system, taking on responsibility for development. Cooperation between China and Central and Eastern European Countries is conducted via the “16+1” mechanism, the Silk Road Economic Belt and 21st century maritime Silk Road, known as the “Belt and Road initiative.” Central European countries are EU member states and emerging economies. They are located at a geographically strategic juncture and form part of the East Asia–Transatlantic value chain. The 16+1 mechanism is helping China and Central European countries establish high level annual meetings and is encouraging the private sector, business, people-to-people exchanges. The Belt and Road initiative is providing new financing facilities, and a dialogue with the European Commission on investment plans is being launched. Studies and working groups are emerging to help set strategies, build mechanisms, allocate resources and implement policies. This article argues that the Chinese approach, i.e. the 16+1 mechanism and Belt and Road initiative, is platforms paving the way for China–Central Europe cooperation.
  • Topic: Development, Economics, Politics, Geopolitics
  • Political Geography: China, Central Europe
  • 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, Multilateral Relatons
  • Political Geography: China, Eastern Europe, Central Europe
  • Author: Justyna Szczudlik
  • Publication Date: 12-2015
  • Content Type: Journal Article
  • Journal: International Issues Slovak Foreign Policy Affairs
  • Institution: Slovak Foreign Policy Association
  • Abstract: In the last two decades, Central and Eastern Europe (CEE) have not played an important role in China’s foreign policy and vice-versa. EU membership did not change China–CEE relations remarkably. The situation started to change once the global financial and economic crisis hit. CEE began to notice that China is an economic and political partner to be reckoned with. Meanwhile, despite the crisis, the PRC started to look at CEE as a stable region – especially in economic terms. At the beginning China decided to strengthen bilateral ties with CEE countries. But in mid-2011 Beijing took the first step to launch cooperation with CEE as a region,
  • Topic: Foreign Policy, Economics, Politics, Bilateral Relations
  • Political Geography: China, 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, Politics
  • Political Geography: China, Central Europe