The "One Belt One Road" strategy between opportunities & fears: a new stage in EU-China relations?

Abstract

This article aims at discussing the impact of the OBOR on the relations between China and the European Union and its consequences in terms of regional integration and unity. The first part of the article describes the One Belt One Road strategy and its proposals. Sequentially, a short historical account will be presented on the EU-China cooperation since the establishment of diplomatic relations in 1975, characterized by contrasts, but at the same time, the necessity to build a solid partnership. The third part includes an analysis of the EU response to the OBOR, specially focussing on the issues concerning the capability of EU to produce a regional strategy and utilize the opportunity to improve its regional connection and strengthen its relations with the Asian giant. Finally, we will consider the OBOR as an opportunity to strengthen the EU-China relations not only in terms of trade and economy exchange (Hard Connection) but also in terms of Soft Connections necessary to reduce the cultural distance, in order to establish a strong strategic partnership based on mutual understanding. The article will also discuss the opportunity to negotiate the modality of the OBOR implementation not only at a bilateral level but also in multilateral instances that already exist, such as ASEM (Asia-Europe Meeting).