A US-EU Economic Block versus China? How Viable is it? A Note
The paper provides a brief analysis of commercial relations between China and the US, both direct and via the so-called ‘Asian circuit’. Special emphasis is laid on how production systems in the US and Asia are interdependent. In the light of these relationships and those existing between China and Japan and China and the EU, it seems that a US-EU block, in the context of the present geostrategic and economic situation, is not only unworkable, but also incompatible with the political and economic strategies of China and the United States.
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Volume (Year): 60 (2007)
Issue (Month): 4 ()
Pages: 409-420
| Handle: | RePEc:ris:ecoint:0046 |
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References listed on IDEAS
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- Matthieu Bussière & Bernd Schnatz, 2009.
"Evaluating China’s Integration in World Trade with a Gravity Model Based Benchmark,"
Open Economies Review,
Springer, vol. 20(1), pages 85-111, February.
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- Duo Qin & Marie Anne Cagas & Geoffrey Ducanes & Xinhua He & Rui Liu & Shiguo Liu & Nedelyn Magtibay-Ramos & Pilipinas Quising, 2006. "A Macroeconometric Model of the Chinese Economy," Working Papers 553, Queen Mary University of London, School of Economics and Finance.
- Chad P. Bown & Meredith A. Crowley & Rachel McCulloch & Daisuke J. Nakajima, 2005. "The U.S. trade deficit: made in China?," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q IV, pages 2-18.
- Guillaume Gaulier & Françoise Lemoine & Deniz Ünal-Kesenci, 2005. "China’s Integration in East Asia: Production Sharing, FDI & High-Tech Trade," Working Papers 2005-09, CEPII research center.
- Ingrid France, 2005. "Le rôle du Japon dans le processus de régionalisation en Asie," Post-Print halshs-00098281, HAL.
- Mohamed Hedi Bchir & Michel Fouquin, 2006. "Economic Integration in Asia: Bilateral Free Trade Agreements Versus Asian Single Market," Working Papers 2006-15, CEPII research center.
- W. Max Corden, 2007. "Those Current Account Imbalances: A Sceptical View -super-1," The World Economy, Wiley Blackwell, vol. 30(3), pages 363-382, 03. Full references (including those not matched with items on IDEAS)
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