Comparison of neural networks and regression time series in estimating the development of the EU and the PRC trade balance

China, by GDP, is the second largest economic power, and hence also a key player in the field of international relations. As far as the EU is concerned, it is China's largest trading partner. From this point of view, it is clear that monitoring export and import development between these partners is essential. This paper therefore aims to compare two useful methods, namely the accuracy of time ser…