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Title: USA, EU and China as the Leading Actor in the World Trade and Cybersecurity, Divergences and Convergences
Authors: Panagopoulos, Athanasios
Type: Article
Subjects: FRASCATI::Social sciences::Economics and Business::Economics
FRASCATI::Social sciences::Economics and Business::Business and Management
Keywords: world trade, cybersecurity, agreements, markets, protectionism
Issue Date: 31-Aug-2020
Publisher: Sciedu Press
Source: International Journal of Business Administration
Volume: 11
Issue: 5
First Page: 81
Last Page: 92
Abstract: The European Union (EU), United States (US), and China are the main global drivers of the international trade system. Trade wars between them create tensions in the world. As the world is facing increasing neo-protectionist trade applications of the Trump administration, this paper analyses whether a greater convergence between China and the EU is possible for protecting multilateralism through two case studies, namely (1) market conditions and discrimination, (2) cybersecurity. In this context, the paper argues that although the US pressure has led the EU to reapprochement with China, this situation creates a dilemma for the EU in terms of the fears about the problems of alignment with the normative identity of the EU. Whereas the EU aims at regulating the global trade on a normative basis originating from its acquis, China has a more strategic perspective based upon specific relationship context. It is difficult to take a side for the EU due to its different standpoint compared to China in defending the multilateral trading system.
ISSN: 1923-4007
Electronic ISSN: 1923-4015
Other Identifiers: 10.5430/ijba.v11n5p81
Appears in Collections:Department of Accounting & Finance

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