With huge debt levels, high unemployment and low growth, it appears that the European economy will continue to stagnate for the foreseeable future. China, on the other hand, has emerged as the largest trading nation in the world and become the second largest economy in the world. China’s...

China's merchandise trade surplus has reached an all-time high and is likely to rise further. A key driver appears to be a policy push to further bolster Chinese domestic manufacturing production, implying the danger of significant overcapacities. China's imbalance between domestic production...

The integration of China's huge workforce into the global trading system has had profound effects on economies worldwide. Trade with China has been shown to lead to wage losses and declining employment in developed countries. The integration of the Chinese economy into the world trade is also...

Academic thinking on foreign direct investment has evolved over the years. This paper reviews this evolution for its usefulness in understanding EU-Chinese investment relations today. It then explores the idea of a new dynamic policy regime as a more appropriate means to address the complex...

The desire of many policymakers to tame the Chinese Dragon is apparent. But what is particularly disappointing is the little, if any, reflection on how to induce the government in Beijing to change course, whether with respect to domestic policy or foreign economic policy.