EU-China and US-China Trade Relations: Is there a Chance for Strategic Autonomy in the Age of Weaponization of Trade Dependencies?

 
 

25 Oct 2022/PSSI

The lecture titled "EU-China and US-China Trade Relations: Is there a Chance for Strategic Autonomy in the Age of Weaponization of Trade Dependencies?" will discuss the trade dimension of topics related to the debates on decoupling, the efficiency of trade sanctions, economic coercion, and strategic autonomy, all in the context of US-China and EU-China relations.

The lecture will discuss the trade dimension of topics related to the debates on decoupling, the efficiency of trade sanctions, economic coercion, and strategic autonomy. As such, it can be relevant for anybody interested in current international economic relations. A prior exposure to such discussions (not just necessarily only in US-China or EU-China, but with respect to other countries) can be useful, however, it should be sufficient to read the selected few texts mentioned below.

The methodological part of the lecture, i.e. the part where I will discuss what types of approaches and data are available to us when we want to evaluate such dependencies will refer to models and concepts from the fields such as input-output analysis and network analysis. However, because of the format of the lecture and limited space, we will remain at a very general level. Therefore, no prior background in these fields is needed. However, if you find the topic interesting, feel free to contact me for additional materials or examples.

Finally, for the policy-level conclusions and discussion, it can be useful to know a little about the current Chinese economic model and policies (e.g. Belt and Road Initiative, Dual Circulation Strategy), about recent EU attempts to improve its protection against economic coercion, or about US discussions on US-China decoupling and US attitudes to trade rules under Trump. However, basic ideas and features of the policies will be provided – either during the lecture or in the recommended texts.

 
Recommended Literature:

Basic background that should clarify the importance of the topic:

  • WTO document Doc # 22-0736 – Request for Consultation by the European Union

  • Sections 1 and 2 of this short document provide a brief overview of the measures used by the PRC against Lithuania in late 2021 and early 2022.

  • Adachi et al (2022): Fasten Your Seatbelts – How to Manage China’s Economic Coercion. Merics, August 2022

  • Rosenberg et al (2020): Trends in China’s Use of Coercive Economic Measures Against the United States. In A New Arsenal for Competition, Coercive Economic Measures in the U.S.-China Relationship

 

You can find additional information about the event here.