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The UK's Strategic Partnership with China beyond Brexit: Economic Opportunities Facing Political Constraints
[journal article]
Abstract This analysis examines the opportunities and challenges facing the United Kingdom (UK) government in building a closer economic partnership with China beyond Brexit. While showing how the goals of each side overlap in key areas of mutual interest, evidence is presented to explain how fundamental imb... view more
This analysis examines the opportunities and challenges facing the United Kingdom (UK) government in building a closer economic partnership with China beyond Brexit. While showing how the goals of each side overlap in key areas of mutual interest, evidence is presented to explain how fundamental imbalances persist in trade and investment relations due to China’s economic management system. The authors further argue that political constraints imposed on the UK by the European Union (EU) and the United States (US) as economic partners will constrain the British government’s room for manoeuvre when negotiating with the Chinese. The analysis identifies potential modalities for achieving some improvement in UK-China bilateral links by drawing on the outcome of the Switzerland-China Free Trade Agreement but concludes that political factors will continue to limit outcomes and that a major transformation of UK-China economic relations is not a realistic prospect for the foreseeable future.... view less
Keywords
Great Britain; China; bilateral relations; economic relations; commerce; investment policy; direct investment; economic policy; EU
Classification
International Relations, International Politics, Foreign Affairs, Development Policy
National Economy
Free Keywords
Brexit; political constraints
Document language
English
Publication Year
2019
Page/Pages
p. 106-121
Journal
Journal of Current Chinese Affairs, 48 (2019) 1
ISSN
1868-4874
Status
Published Version; peer reviewed