연구정보
Home 연구정보
국내외 연구기관에서 발표된 중국 연구 자료를 수집하여 제공합니다.
연구보고서
China’s Belt and Road initiative: can Europe expect trade gains?
ALICIA GARCÍA-HERRERO, JIANWEI XU 2016-09-08
Abstract
The Belt and Road initiative, recently embarked on by China, aims to improve cross-border infrastructure in order to reduce transportation costs across a massive geographical area between China and Europe.
The authors estimate how much trade might be created among Belt and Road countries as a consequence of the reduction in transportation costs (both railway and maritime) and find that European Union countries, especially landlocked countries, should benefit considerably. This is also true for eastern Europe and Central Asia and, to a lesser extent, south-east Asia.
In contrast, if China were to seek to establish a free trade area within the Belt and Road region, EU member states would benefit less, while Asia would benefit more. Xi Jinping’s current vision for the Belt and Road, centred on improving transport infrastructure, is very good news for Europe as far as trade creation is concerned.
이전글 | Economic relations between Russia and China – Increasing inter-dependency? | 2016-09-08 |
---|---|---|
다음글 | China's New Economic Frontier: Overcoming Obstacles to Continued Growth | 2016-09-08 |