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Mutual Foreign Trade between China and the Visegrad Group

Abstract: Foreign trade is very important in today’s globalized world. China is currently the exporter number one and the importer number two in the world. The European Union is one of the largest economies in the world. International cooperation between China and EU regions is, therefore, very important. This text focuses on mutual foreign trade between China and the Visegrad Group. Visegrad Group is specialized in the production of whole cars and vehicle parts. There is a difference in origins of products for consumption and origins of products for investments in Visegrad Group. Chinese importers neglect the potential of V4 countries yet. There is necessary to liberalize the mutual foreign trade, cooperation, specialization and technology transfer in the future.

 

Authors: Pavel Rousek
Keywords: Macroeconomic Indicators, Trade Indicators, Foreign Trade
Volume: 9
Issue: 3
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