The Silk Road TrapHow China's Trade Ambitions Challenge Europe
The Silk Road Trap
How China's Trade Ambitions Challenge Europe
For almost two decades, China has claimed that its expanding economy benefits Europe, stimulating European growth, exports, and employment. But the reality is not so clear-cut. Whilst individual companies may have profited from China’s economic rise,unbalanced trade with China has actually cost Europe over 1.4 trillion euros in the last ten years as well as undermining its political influence. China’s monumental infrastructural project, the Belt And Road Initiative or New Silk Road as it has come to be known - is set to make this situation even worse.

The Silk Road Trap is the first book to expose just how risky this uneven partnership is for Europe. In it, leading expert on Asian affairs Jonathan Holslag, argues that Europe must reduce its reliance on China and work on building a stronger and more sustainable European economic model. By revealing the political aspirations and economic strategy behind the new Silk Road, he lays out its implications for specific European industries, from steel over aircraft to robots. Holslag, though critical of China, does not, however, make the case for confrontational, Trumpian protectionism. Instead, he posits that the new Silk Road need not ensnare Europe; it offers the continent a unique opportunity to transition from a future "made in China" to one that is "made in Europe".
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  • March 2019 (pb)
    March 2019 (hb)
  • 232 pages
  • 138 x 216 mm / 5 x 9 in
Available Formats
  • Hardback $64.95
  • 9781509534685
  • Paperback $19.95
  • 9781509534692
  • Open eBook $19.95
  • 9781509534708
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"A smart and provocative analysis. Holslag’s arguments for Europe to go beyond trade engagement, improve cohesion among member states, reinvent continent-wide industrial policies, and present China with a new deal  deserve wide attention."
François Godement, European Council on Foreign Relations

"With his personally perceptive and pragmatic book ‘The Silk Road Trap,’ Jonathan Holslag, awakens Europe to the romantic-deception of China’s rabid expansionist intentions and offensives in the continent. Point blank: Europe must get more realistic about China and this book may just be that spark."
Karel de Gucht, Vrije Universiteit Brussel and former EU trade commissioner
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