Europe and China’s Belt and Road Initiative: Growing Concerns, More Strategy

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Abstract

Geopolitical shifts are engendering a transformation of the globalized economic order that has flourished in the post-Cold War period. This trend runs deep and raises structural challenges, - such as the rivalry between different economic models, the competition for technological leadership as well as control over physical and digital connectivity. As the European Union (EU) now accounts for a lower share of world trade, investment, currency holdings, defence expenditure, and development assistance, this shift has also produced growing concerns about the EU’s relative
1 decline and its future economic security.
Original languageEnglish
Article number118
Pages (from-to)1-6
Number of pages6
JournalEgmont papers
Volume2019
Issue number118
Publication statusPublished - 2019

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