Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014)

European Union (EU) and China established diplomatic relations in 1975, and now became mutually indispensable economic partners, presenting both an opportunity and challenge. During that time, after the first market reforms which were introduced in 1978, China has transitioned from a predominantly...

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Main Authors: Daryoush Soleimani, Mansoor Maitah, Karel Malec, Sylvie Kobzev Kotásková
Format: Article
Language:English
Published: EconJournals 2016-05-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32012/353770?publisher=http-www-cag-edu-tr-ilhan-ozturk
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author Daryoush Soleimani
Mansoor Maitah
Karel Malec
Sylvie Kobzev Kotásková
author_facet Daryoush Soleimani
Mansoor Maitah
Karel Malec
Sylvie Kobzev Kotásková
author_sort Daryoush Soleimani
collection DOAJ
description European Union (EU) and China established diplomatic relations in 1975, and now became mutually indispensable economic partners, presenting both an opportunity and challenge. During that time, after the first market reforms which were introduced in 1978, China has transitioned from a predominantly agricultural to industrial and service-oriented economy. On 11 December 2001, China also became the 143rd member of the World Trade Organization. The aim of this research is to quantitatively compare the US, EU and Chinese gross domestic product from 1995 to 2014, the US and Chinese outward Foreign direct investments (FDI) from 1995 to 2013, and analyse the impact of the exponentially rising Chinese investments in the EU. We have found that while the US economy experienced a regression in general, and exhibited outward FDI exponential decrease in particular, the Chinese outward FDI sustained an exponential growth. There is also possible to expect continue of exponentially rising economic investment of China in the EU. The Chinese investment in the EU is estimated to peak during the next decade, when China will become by far the foremost economic partner of the EU.
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spelling doaj.art-212111107fc2412795e17831231a5d2c2023-02-15T16:17:04ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-05-01639789841032Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014)Daryoush SoleimaniMansoor MaitahKarel MalecSylvie Kobzev KotáskováEuropean Union (EU) and China established diplomatic relations in 1975, and now became mutually indispensable economic partners, presenting both an opportunity and challenge. During that time, after the first market reforms which were introduced in 1978, China has transitioned from a predominantly agricultural to industrial and service-oriented economy. On 11 December 2001, China also became the 143rd member of the World Trade Organization. The aim of this research is to quantitatively compare the US, EU and Chinese gross domestic product from 1995 to 2014, the US and Chinese outward Foreign direct investments (FDI) from 1995 to 2013, and analyse the impact of the exponentially rising Chinese investments in the EU. We have found that while the US economy experienced a regression in general, and exhibited outward FDI exponential decrease in particular, the Chinese outward FDI sustained an exponential growth. There is also possible to expect continue of exponentially rising economic investment of China in the EU. The Chinese investment in the EU is estimated to peak during the next decade, when China will become by far the foremost economic partner of the EU.https://dergipark.org.tr/tr/pub/ijefi/issue/32012/353770?publisher=http-www-cag-edu-tr-ilhan-ozturkchina european union united states gdp foreign direct investment
spellingShingle Daryoush Soleimani
Mansoor Maitah
Karel Malec
Sylvie Kobzev Kotásková
Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014)
International Journal of Economics and Financial Issues
china
european union
united states gdp
foreign direct investment
title Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014)
title_full Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014)
title_fullStr Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014)
title_full_unstemmed Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014)
title_short Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014)
title_sort foreign direct investments and gross domestic product development in usa european union and china 1995 2014
topic china
european union
united states gdp
foreign direct investment
url https://dergipark.org.tr/tr/pub/ijefi/issue/32012/353770?publisher=http-www-cag-edu-tr-ilhan-ozturk
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AT karelmalec foreigndirectinvestmentsandgrossdomesticproductdevelopmentinusaeuropeanunionandchina19952014
AT sylviekobzevkotaskova foreigndirectinvestmentsandgrossdomesticproductdevelopmentinusaeuropeanunionandchina19952014