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100 China Int'l Stud. 113 (2023)
The European Union's Economic and Trade Legislation: New Developments and Implications for China

handle is hein.journals/chintersd100 and id is 115 raw text is: The European Union's Economic and Trade Legislation: New Developments and Implications for China Zou Lei he European Union is a major trading partner, source of inbound investment, and destination of outbound investment for China. The adjustment to its foreign economic and trade strategy thus bears direct and profound significance for China-EU economic and trade relations and China's open economy. Since 2020, the EU has successively formulated and adopted a series of economic and trade legislation over foreign investment review, foreign subsidies, international public procurement, supply chain due diligence, products made by forced labor, the carbon border adjustment mechanism (CBAM), export control of dual-use items, and anti-economic coercion. While these measures address different issues and are apparently unrelated, they are in essence complementary and constitute an organic whole. They are not explicitly directed against a specific country; however, observers generally agree that the restrictions are aimed squarely against China. In China, while there have been in-depth analyses on foreign investment review, foreign subsidies, the CBAM and other specific concerns of the EU's economic and trade legislation, there remains room for improvement. In terms of content, the majority of the existing academic research focuses on specific EU regulations, while systematic and holistic analysis that looks beyond individual pieces of legislation is rare.1 Zou Lei is Associate Research Fellow and Director of the Opening-Up Strategy Research Center at Shanghai Party Institute of CPC. 1 Hu Zinan, The Motivation, Measures, Impact and Chinese Countermeasures of the EU Strengthening Its Economic and Trade Defense Tools Against China, Pacific Journal, No.3, 2022, pp.53-63; Fredrik Erixon et.al., The New Wave of Defensive Trade Policy Measures in the European Union: Design, Structure, and Trade Effects, ECIPE Occasional Paper, No.4, 2022, pp.1-142. The European Union's Economic and Trade Legislation: New Developments and Implications for China May/June 2023 113

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