| Summary: | 碩士 === 淡江大學 === 歐洲研究所碩士班 === 103 === EU diplomatic relations with China were established in 1975 and bilateral trade agreement was signed in 1978, then EU-China trade relations grew stronger through the days. However, China, with high GDP growth during the past decades, becomes a great economic power in the world, and EU, infecting by the European sovereign debt crisis, gets disadvantaged in economy and trade status. The trade relations between EU and China have been changed.
European sovereign debt crisis also makes huge impacts on EU-China trade relations, including the growth of the trade deficit had been reduced in recent years, Bilateral trade disputes grew much tension and influenced more industrial areas, and EU’s foreign direct investment from China had increased rapidly.
In the future, China, with a growing situation of consuming power, is definitely a needed ally for EU to export in recovering its economy. On the other hand, EU will remain as China’s important source on importing techniques and services for its economic transformation. In summary, EU-China trade relations should become much stronger and closer.
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