The attitudes of the European Union and China towards Foreign Direct Investment : implications for bilateral relations
Janina Witkowska
The aim of this paper is to discuss new trends that have occurred in the policies of the EU and China towards foreign direct investment (FDI), to examine some implications of the EU-China Comprehensive Agreement on Investment (CAI) - which is currently being negotiated - for their bilateral relations, and to assess the role which China's "One Belt One Road' (OBOR) initiative might play in its relations with the new EU Member States. The EU established freedom of capital movement with third countries; however, the introduction of the common investment policy has encountered some obstacles. These are related to investor protection and ISDS issues. In turn, China is carrying out an independent state policy towards foreign investment with limited liberalization of FDI flows. The negotiated EU-China CAI is expected to create conditions conducive to bilateral foreign investment flows, and it might bring positive effects for their economies in the future. However, the progress made thus far in the negotiations is still limited. The relations between China and the new EU Member states (CEE countries) are characterized by common interests in the field of FDI flows. The new EU countries are interested in attracting Chinese FDI and seem not to show the fears that have arisen in the old EU countries.
Alternative title: | Podejście Unii Europejskiej i Chin do bezpośrednich inwestycji zagranicznych |
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Year of publication: |
2019
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Authors: | Witkowska, Janina |
Published in: |
Comparative economic research : Central and Eastern Europe. - Łódź : Wydawnictwo Uniwersytetu Łódzkiego, ISSN 2082-6737, ZDB-ID 2636451-7. - Vol. 22.2019, 3, p. 83-98
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Subject: | EU-China relations | policy towards foreign direct investment (FDI) | the EU-China Comprehensive Agreement on Investment (CAI) | "One Belt One Road' initiative | Auslandsinvestition | Foreign investment | EU-Staaten | EU countries | China | Internationale Wirtschaftsbeziehungen | International economic relations | Investitionspolitik | Investment policy | Außenwirtschaftspolitik | Foreign economic policy | Internationale Beziehungen | International relations |
Saved in:
freely available
Type of publication: | Article |
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Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
Language: | English |
Notes: | Zusammenfassung in polnischer Sprache |
Other identifiers: | 10.2478/cer-2019-0024 [DOI] hdl:10419/259209 [Handle] |
Classification: | F15 - Economic Integration ; F21 - International Investment; Long-Term Capital Movements ; K00 - Law and Economics. General |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012120262
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