EU-China Cooperation on 'green' and 'social' Values

Download or read book EU-China Cooperation on 'green' and 'social' Values written by Weinian Hu and published by . This book was released on 2022 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: The EU has long been concerned about sustainable development in China, i.e. the ‘green’ pillar (environment & climate) and in the ‘social’ pillar (core labour standards and social protection). The EU and China have pursued active and ever more intense cooperation in these areas for some 20-25 years. However, as the EU and China do not have a free trade area agreement, there has never been a sustainable development chapter. As the EU-China case clearly shows, the lack of such a chapter doesn’t need to be animpediment: EU-China ‘green’ and ‘social’ cooperation has been remarkably active, with a widening scope over time, showing considerable results. Indeed, the EU has not built up such a huge – though informal – framework of green and social cooperation with any other trading partner. Based on three research questions in both pillars, the authors have examined indicators and policies as well as degrees of convergence over time (with appreciable time lags). The surprising, but still ongoing, process of convergence in the green pillar seems to go further than that of the social pillar, although recent developments stimulated by the CAI draft investment treaty have resulted in China ratifying two more core ILO conventions. This CEPS Policy Insight then ends with a short reflection on the prospects of sustainable development cooperation with China.