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The Chinese presence on the periphery of Europe. The "17 + 1 Format", The Trojan horse of China?

Author

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  • XAVIER RICHET

    (IWE)

Abstract

- In this contribution, we analyze the presence of China in the countries of eastern and south-eastern Europe, some of which are EU members, others in the accession phase or in the process of becoming candidates, gathered in the 17 + 1 Format. This presence takes different forms: trade and direct investment (st ill low in volume, especially in comparison with the rest of Europe), the provision of services - construction of railway lines, ports, highways - thanks to bank loans granted by Chinese financial institutions. One wonders about the rationalities of the strategies implemented: search for outlets, especially for Chinese firms in overcapacity, attempt to create regional value chains, junction of the maritime and land routes of the new silk roads, finally, search of influence on the periphery of the European Union.

Suggested Citation

  • Xavier Richet, 2019. "The Chinese presence on the periphery of Europe. The "17 + 1 Format", The Trojan horse of China?," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 7(1), June.
    • Handle: RePEc:ntu:ntugeo:vol7-iss1-19-152
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    More about this item

    Keywords

    17+1 Format; China; EU; trade; investment;
    All these keywords.

    JEL classification:

    • F - International Economics
    • F0 - International Economics - - General

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