China as an Economic Partner of the USA and The European Union Cover Image

Chiny jako partner gospodarczy USA i Unii Europejskiej
China as an Economic Partner of the USA and The European Union

Author(s): Ilona Romiszewska
Subject(s): Politics / Political Sciences
Published by: Instytut Zachodni im. Zygmunta Wojciechowskiego

Summary/Abstract: The object of the present study is the development of economic relations between the USA and China and between the European Union and China in the first and at the beginning of the second decade of the 21st century. Attention is drawn to the growing activity of China on the international arena, as this country not only develops its trade exchange but also becomes one of the world’s major capital exporters and makes efforts to internationalize its currency. In effect we witness the emergence of a multipolar world, which marks the end of the one built on the transatlantic axis. Thus, the USA and the European Union face a qualitatively new challenge and increasingly engage in the whole area of the Pacific. It is also noted that the reasons of this Asian orientation are different. The EU seeks new possibilities of economic cooperation although both at the level of the community and the bilateral level many other various initiatives are realized. For the USA this involvement is not only a strictly political dimension but what seems far more important are the USA’s efforts to limit China’s sphere of influence built on the basis of a dynamically developing economic potential of this country. For this reason Chinese-European relations compared to Chinese-American ones seem to be more stable and do not comprise as many so deeply dividing contentious issues.

  • Issue Year: 345/2013
  • Issue No: 01
  • Page Range: 203-233
  • Page Count: 32
  • Language: Polish
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