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Greece’s Comparative Advantage as China’s Backdoor to Europe

In: Who’s to Blame for Greece?

Author

Listed:
  • Theodore Pelagidis

    (Bank of Greece and University of Piraeus)

  • Michael Mitsopoulos

    (Hellenic Federation of Enterprizes)

Abstract

At a critical EU-China summit on April 9, 2019, in Brussels, EU members and China agreed on a road map for specific bilateral trade arrangements aimed at drastically reducing unfair trade practices and subsidies. A possible final trade-related agreement involving the WTO will follow soon. Adjudicated by the WTO, that agreement may satisfy Europeans demanding freer access to China’s protected market for exports and investments. The prospective agreement will also further advance China’s ambition to become the world’s twenty-first-century superpower, mainly by acquiring full access to the huge European market. The country’s One Belt, One Road (OBOR) project offers a vital platform to help get there.

Suggested Citation

  • Theodore Pelagidis & Michael Mitsopoulos, 2021. "Greece’s Comparative Advantage as China’s Backdoor to Europe," Springer Books, in: Who’s to Blame for Greece?, edition 3, chapter 0, pages 369-373, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-64081-1_16
    DOI: 10.1007/978-3-030-64081-1_16
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    Keywords

    China; Silk Road; Piraeus Port;
    All these keywords.

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