Research Paper1.2 Title: Does China benefit from trade with Europe and why? 1.3 IntroductionThe concept of trade is translated into policy through various sets of definitions and measures. Trade is the time when we need to harness the wealth created by open markets and share the benefits more equitably. It is a cornerstone of global growth and development, but it will not be possible to sustain this growth if it favors a few, not many, “Barak Obama 2008”. Today the world has become a better place than years ago due to trade, however the provision of trade has made several people and their economies a better place. Trade relations between China and Europe have grown rapidly, now it is possible to walk into a French supermarket in China and buy French products, while on the other hand the French can go to China Town in Paris to buy some Chinese goods and services. this type of trade agreements has brought many external and internal benefits to economies. China and Europe are different economies with huge differences in terms of culture and language, but how can a place like Shanghai China be similar to other European countries in terms of modern infrastructure, fashion, food and high incomes ? This is due to foreign investment which has tripled more than any other developing country in recent decades. Entrepreneurs opened branches of Western companies in China, this form of trade agreements contributed significantly in terms of unemployment which had peaked in China. On the other hand, however, Chinese entrepreneurs have also started businesses in Europe, while some have been involved... middle of paper... some of us “I don't mean to practice ethnocentrism, but that's just the way it's done and no offense," he said. Wang Xiao, China exports more than it imports, so we have a trade surplus and I think that thanks to this trade surplus we have managed to attract a lot of foreign investment, now we have a lot of foreign investment companies in China and these companies produce different types of goods and services, we have companies like MacDonald's, Kfc, Starbucks, Apple just to name a few, as far as I know, these companies are all western companies because here in China I know our famous Huawei, Li Xian sheng and so away.It is good to have a diversified economy.3.3 Sino-European trade bar chart 2011