EU Lacks Clear China Strategy as Trade Tensions Escalate
The European Union currently lacks a defined strategy regarding China, with no established priorities or consensus on its objectives or the potential costs involved. Recent events have highlighted this ambiguity, as Europe has issued a trade "kill switch" warning to China, criticized the nation in parliament, dispatched its trade commissioner to Beijing on a highly publicized visit, and introduced three new economic security measures. By offering China a list of demands while granting the US its independence, Europe risks obtaining only minor concessions, resulting in its 'kill switch' remaining dormant.
Key facts
- The EU has no clear goal on China
- The EU has no hierarchy of priorities regarding China
- No agreement exists on what the EU wants from Beijing or what it would pay
- Europe threatened China with a trade "kill switch" this month
- Europe rebuked China in parliament this month
- The EU trade commissioner took a much-trumpeted trip to Beijing
- Three new economic security instruments were announced
- Europe gives China its price list and the US its autonomy
Entities
Institutions
- European Union
Locations
- Europe
- China
- Beijing
- United States