At the 2017 Davos Economic Forum, Chinese President Xi Jinping emphasized the merits of globalization and called for more effective measures and structural reforms to establish equitable governance and build new growth models. The “One Belt One Road” (OBOR) initiative has been accelerated with the Chinese presidency of the G20 in 2016 and advocates more inclusive regional cooperation and offers ambitious plans to further tighten connections across the Eurasian and North African continents.
This paper highlights the reconfiguration of EU- China relations and explains the evolution of the trading flows between the two actors under the “One Belt One Road” initiative.