Author(s)

Meimei Li

Corresponding Author

Meimei Li

Abstract

While the scale of China-EU trade continues to expand, the EU-China trade deficit has remained high over a long period of time. China believes that the overall interests of Sino-EU trade cooperation are balanced. In order to maximize its own interests, the EU has implemented trade protection to resist China on the pretext of unbalanced interests. There are a lot of trade frictions between the two sides, which hinder the normal trade. How to correctly understand and actively respond to this trade problem, improve the trade environment, and obtain common interests will be issues that need to be resolved urgently. This article uses a lot of official statistics to analyze the reasons for the EU-China trade gap. The analysis shows that the EU's trade deficit with China is constantly widening on account of unbalanced market demand, international industrial transfer and foreign direct investment, the real exchange rate fluctuation between Euro and RMB, the different statistical methods and protectionism from the EU.

Keywords

Sino-EU trade; Trade friction; influencing factors