The legs of the triangle - the EU-China relations

Abstract

"China's ascendance on the world stage signals a major shift in the global political, economic, and security environment. The ability of the U.S. and EU to deal effectively with the challenges associated with China’s rise have far-reaching consequences both for transatlantic relations and for the effective management of China's global emergence and the world order. The Bush administration's China policy appears still contested and the future of Sino-American relations highly uncertain. China has not already become the world’s 4th economy and 3rd exporter, but also an increasingly important political power (total external trade now more than three times the combined trade of India and Brazil). In this context, it is not surprising that competition and rivalries within the strategic triangle are growing. While ambivalence has always characterized the complex U.S.-China relations, increasing frictions in a number of political and economic fields is rather a new development within the EU-China relations during the last 12-18 months." (author's abstract)