Volume : 3, Issue : 3, March - 2014

The Effects of European Economic Crisis to China–European Union Economic Relations

Engin Cnberci

Abstract :

 The global economic crisis which first appeared in USA during 2008, still has an negative effect on European Union member countries. In this study, the economical relations between China and European Union member countries compared via focusing on their foreign trade policies. In addition to this, the problem of “the value of Renminbi” between China and trading countries with China focused. The role of International Monetary Fund (IMF) on the way to rescue European Union from the economic crisis are studied. The result of the research showed that European Union is still one of the best customers of China and the support of China to rescue European Union from the economic crisis will make European Union faithful customer of China in near future.