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European and Chinese trade competition in third markets- the case of Latin America

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  • Alicia García-Herrero
  • Thibault Marbach
  • Jianwei Xu

Abstract

China’s increasingly important role in the global economy has transformed the nature of global competition and reshaped international trade. Meanwhile, the European Union has long been the most important power in global trade and continues to run a very large trade surplus. We address whether China is an increasingly relevant competitor for Europe in third markets, and in particular in Latin America. More specifically, we empirically estimate the elasticity of...

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  • Alicia García-Herrero & Thibault Marbach & Jianwei Xu, 2018. "European and Chinese trade competition in third markets- the case of Latin America," Working Papers 26150, Bruegel.
    • Handle: RePEc:bre:wpaper:26150
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