International political economy of China-European union trade disputes.

Abstract

The enlarged European Union with 27 member states is a major economic power in the world measured by share of global GDP, and holds the largest shares of global external trade.1 China is the biggest developing country and the third largest economy as well as the third largest trading power in the world. The economic relations between China and the EU are of significant importance. China is the second largest trading partner of the EU (second to the United States), and the EU is now China's No.l export destination.