| Popis: |
The biggest challenge posted by Brexit comes from the uncertain future of the British economy. As researchers suggested, Brexit will also harm the European economy by a long turn dipping in an instability consequence. In 2019, the trade volume between the UK and China reached US$86.2billion, making Britain China's second largest trade partner in Europe, behind Germany. Brexit would undoubtedly pose challenges for the trade ties between China and UK. Analysing the dynamics of China's trade ties with a post-Brexit UK and EU, this paper focuses on the China—UK empirical involvement to establish the ‘Golden Era’ declared by two counterparts in September 2016 and the implementations of the China—EU partnerships base on the New EU Trade and Investment Strategy. This paper will also examine if the Brexit casts a shadow on China’s prospects of economic cooperation with Britain. This paper will also cover the EU’s efforts to enhance its trade crucial role by seizing opportunities through partnerships with China, which leads to foster the engagements of the new issues concerning the China-led ‘Silk Road Economic Belt’ initiative. And the decision in late January 2020 of both the EU and UK be willing to accept China’s 5G telecommunications company, Huawei, which the USA described as an arm of the Chinese state giving its security design. Nevertheless, to echo US’s accusation, UK annonced in July that the UK’s mobile providers are being banned from buying new Huawei 5G equipment after 31 December 2020. |
