Is China Becoming the Biggest Serbian Exporter?

Jelisavac Trošić, Sanja (2019) Is China Becoming the Biggest Serbian Exporter? In: The Cooperation between China and Balkan Countries under the "Belt and Road". The Institute of European Studies (IES) at the Chinese Academy of Social Science, Beijing, China, pp. 174-198. ISBN 978-7-5203-4191-2

Text Zbornik 2019 CASS-174-198.pdf - Published Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (1MB)

Abstract

China and Serbia are expanding cooperation. Momentum that began with 16+1 Initiative is expanding in its range. In Serbia, we have notice the beginning of a new type of economic cooperation with China. It is access of Chinese companies in the industrial sector of Serbia. At the end of the twentieth century, Serbia had fairly well developed industry. Due to many reasons it suffered dramatic fall and until now is still in the process of a recovery. Export oriented industrial production is like a mantra to straggling Serbian economy. Serbia is a good place for a company to locate its business, and Chinese companies are starting to take advantage of that fact. Since industrial production in Serbia is closely connected to the foreign trade the country necessity is the industrial recovery. Reindustrialization and modernization could also boost export. The beginning of a new trend, when Chinese manufacturers started entering Serbian industry sector, as we argue, can bring the beginning of Serbian export growth.

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