Not seeing eye to eye: perception of the China-EU economic relationship

Abstract

Economic relationship has been the cornerstone of the China-EU relation as well as the China-EU comprehensive strategic partnership which was established in 2003. On the other side of the coin, economic relations have been main sources of disputes between China and the EU since the 2005–2006 textile disputes. This paper examines their mutual perceptions in this field as one way of explaining the development of the bilateral relationship, supported by substantial empirical data. It is found that the successful economic development of China has generated different perceptions between the EU and China. With the difference in the development level reducing, the EU side was concerned more about the rise of China, while the Chinese side emphasised more the relative decline of the EU’s economic might.