In terms of the global backdrop to the EU-China relationship, the strategic competition between China and the US deepened during the Biden administration. [...] Following the US example, the EU could also create a ‘China House,’ which should involve the Commission, the EEAS, the Council of the EU, member states and other key stakeholders. [...] Regarding the implementation of a de-risking strategy, the Commission should take the lead on the design, though coordination between the Commission and EEAS will be crucial, and probably justifi es the designation of an EU coordinator on economic security. [...] Th e EU needs to Th ird, the EU needs to continue to develop a comprehensive and strategic off er to the continue to develop a Global South. [...] comprehensive and Emerging and developing countries are looking for alternatives to the US and China in order strategic off er to the to counterweigh the two.
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Table of Contents
- 1 How has the EU-China relationship evolved 2
- Chinas structural deceleration and increasing self- reliance have reduced the benefi ts that it provided to European economies during the past few decades 2
- 2 China policy under the 2019-2024 European Commission 4
- Th e Chinese leadership believes that the time has come for China to regain its rightful place at the centre of world order 4
- Th e EU is now better equipped to deal with China in a systematic way but the question remains whether the existing tools will be enough 5
- 3 State of play as a new European Commission takes over 6
- 4 A renewed comprehensive European approach to China 7
- Europe must accept that Chinas size and political power are bound to be long- lasting even if the economy continues to decelerate 7
- 4.1 Priority 1 Developing increased coherence and coordination with European stakeholders to implement the European strategy on China 8
- Th e EU needs in general coherence and coordination in its policies but this is even more the case when dealing with the Chinese government 8
- 4.2 Priority 2 Refi ning the EU economic security strategy while accepting trade-off s 9
- To preserve the EUs technological edge the introduction of outbound investment screening is clearly warranted 10
- 4.3 Priority 3 Using partnerships as the best off ensive tool 11
- Th e EU needs to continue to develop a comprehensive and strategic off er to the Global South 11
- References 12
