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Europe and China in the Global Economy in the Next 50 Years: A Partnership for Global Peace and Stability

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  • Li-Gang Liu

    (Peterson Institute for International Economics)

Abstract

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 economic rise presents a rare opportunity for Europe. However, to fully take advantage of these opportunities, both economies will need to overcome some economic frictions and trade protectionism tendencies.

Suggested Citation

  • Li-Gang Liu, 2016. "Europe and China in the Global Economy in the Next 50 Years: A Partnership for Global Peace and Stability," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 51(1), pages 37-42, January.
    • Handle: RePEc:spr:intere:v:51:y:2016:i:1:d:10.1007_s10272-016-0572-4
    DOI: 10.1007/s10272-016-0572-4
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    Cited by:

    1. Meixing Dai & Ke Dai & Gengxin Dai, 2018. "Initiative « une ceinture et une route » : implications économiques pour l’Union européenne," Bulletin de l'Observatoire des politiques économiques en Europe, Observatoire des Politiques Économiques en Europe (OPEE), vol. 39(1), pages 25-38, December.

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