The Swiss Model vs. Swedish Model in Dealing with China

Author
Joseph de Weck
Content Type
Commentary and Analysis
Institution
Foreign Policy Research Institute
Abstract
Do you want to know how Beijing would like Europe to act? Take a look at Switzerland. Switzerland and China have been close for decades. It was the first Western nation to establish diplomatic relations with the People’s Republic of China (PRC) in January 1950. Bern wanted to protect investments in the new People’s Republic from nationalization and hoped Swiss industry could lend a hand in rebuilding China’s infrastructure after the civil war. Being friendly to China paid off, but only 30 years later, once reformer Deng Xiaoping took the reins of the Chinese Communist Party (CCP). In 1980, Swiss elevator producer Schindler was the first foreign company to do a joint venture in China. Today, Switzerland is the only continental European country to have a free trade agreement (FTA) with China.
Topic
International Relations, Foreign Policy, International Trade and Finance, Treaties and Agreements, Bilateral Relations
Political Geography
China, Europe, Asia, Switzerland, Sweden