The southern dimension of Sino–European relations – Mediterranean states in the crossfire of superpower interests
The relationship between Beijing and Washington is extensively discussed on a daily basis, and indeed we also often read about the relationship between China and the European Union. At the same time, less attention seems to be paid to the southern part of the EU, although the Mediterranean Member States, particularly the large economies of Italy and Spain, also play an important role in shaping EU–China relations. Typically, these countries strive to take the most optimal steps amid the economic difficulties and varying bloc interests, and their aspirations to strengthen the Eurasian partnership can also lead to interesting developments in terms of the geopolitical situation of the EU as a whole.
Infrastructure development opportunities in the CEE region in the context of US–China rivalry
“The Chinese are unable to effectively exist on the west coast of Eurasia without a strong presence and cooperation in CEE, and the US is unable to maintain its influence in Europe and the Middle East without this strategic region.” – Warsaw Institute Review
Cooperation on investment: a new instrument for geopolitical competitiveness
On 30 December 2020, the European Union and China reached an understanding on an investment pact, which could enable the creation of China’s most significant investment promotion agreement ever concluded with a third party. Hammered out in the exceptional geopolitical moment of the change in US presidency, the significance of that deal lies in the fact that it can guide the EU’s efforts, both geopolitically and economically, towards achieving strategic autonomy and the possibility of competitive cooperation in Eurasia. The question is whether the EU is ready to take advantage of this rare opportunity and to enter the 21st-century competition.
The rise of Eurasia: Genuine growth potential for Europe
Since the 2000s, the rise of the Eurasian supercontinent has been increasingly discussed around the world, including in the West. This issue has come to the forefront again due to Covid 19, as the various impacts of the pandemic and its potential long-term effects may change how we think about the world. The 21st century can truly be the century of a joint Europe and Asia, if the megatrends underpinning the future generate unique synergies in the four key areas of sustainability, technology, finance and geopolitics.
BOK Deputy Governor: the balance sheets of central banks are likely to expand continuously for the time being
The Deputy Governor of the Bank of Korea told novekedes.hu that most countries in the Asian region are expected to be less severely hit than the US or the Euro area. According to Kyuil Chung, the Korean New Deal with other relevant measures ensure that the great transformation toward a digital and green economy will lead to sustainable and inclusive growth.