Analysis: Sino-Polish relations in the context of the interests of the US and the EU – Republic

China, second only to the US economy in the world, still retain a high growth rate (approx. 7 percent. GDP per year). They managed to take over commercial markets Oceania, most of Africa and large parts of South America.

Currently, attach great importance to the platform “16 + 1″, ie the countries of Central and Eastern Europe, created in 2012. This happens due to the development of the New Silk Road leading through the region into the European Union.

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as part of the competition for influence trade in the EU Washington strives to transatlantic trade and investment partnership (TTIP), as officially called the future free trade agreement between the European Union and the United States, which has lead to the creation of the largest a free trade zone in the world.

TTIP is to eventually go much further than previous agreements which lowered tariffs. In its assumptions provide for the removal of regulatory barriers or mutual recognition of standards in order to reduce costs for exporters, importers and investors.

TTIP, around which grow controversy and internal strife in European countries, has – according to the portal ValueWalk focusing on matters of investment – to counter China’s expansion in Europe.