Trade continues to be the least problematic aspect of the EU-China economic relationship. The BRI offers potential trade gains for Europe by improving physical connectivity with countries along the route to China, but it also poses challenges for the EU. While Chinese investment in Europe is growing and has focused strongly on technology, it raises the question of whether the EU should fear losing its technological edge, especially when Chinese state-owned companies might distort competition through foreign acquisitions.
Over the past decade, China has built 25,000 km of dedicated high-speed railway—more than the rest of the world combined. China’s High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail.