Austria’s Political and Economic Relationship with China 1989–2019

Authors

Waltraut Urban
Institute for International Economic Studies

Synopsis

Politically and economically, Austria focuses heavily on Europe, in particular on Germany and the Central and Eastern European (CEE) countries. Nevertheless, Austria was one of the first West European countries to established diplomatic relations with the People’s Republic of China (PRC) in May 1971. Political relations between Austria and China, 1989–2019, were generally good, but sometimes the relationship got seriously disturbed. Economic relations with China lagged behind in the beginning, due to Austria’s focus on European markets and to the fresh opportunities in the nearby CEEs after the fall of the Iron Curtain but caught up later.

Keywords: China, Austria, economy, political relations

Author Biography

Waltraut Urban, Institute for International Economic Studies

Waltraut Urban graduated in Economics at the University of Vienna, she then became a Lecturer at the Institute of Economics of the Vienna University of Technology. With the beginning of the economic reforms and the rise of China in the 1980s, her focus of interest shifted there. She joined the Vienna Institute for International Economic Studies (wiiw) in 1995, where she specialised in the Chinese economy and industrial restructuring in the CEE region.

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Published

2020.08.30

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.