The European Union will not break off relations with China, although it considers it a systemic adversary, but, developing cooperation, will take into account the risks arising from the change in the role of Beijing in the world.
This is stated in the speech of the head of the European Commission Ursula von der Leyen in the audience of the Institute of Sinology. Mercator.
I believe that a break with China is inappropriate and does not meet the interests of Europe. Our relationship is neither black nor white, so our reaction (to China’s behavior – ed.). cannot be monochromatic. That is why we must focus on risk reduction, not decoupling,” von der Leyen is quoted as saying by Censor.NET.
Brussels, according to the head of the European Commission, wants to cooperate with Chinese partners on global issues such as trade, finance, climate, sustainable development or health. To this end, the EU will strengthen the institutions and systems within which countries can compete and benefit.
Ursula von der Leyen recalled that China is a vital trading partner, accounting for 9% of EU merchandise exports and more than 20% of imports.
The European official pointed out that the world and China have changed significantly in three years, and in some sectors, trade and investment pose a threat to the economic and national security of the EU, especially in the context of “the apparent merging of China’s military and commercial sectors.”
Where dual-use purposes cannot be excluded, or where human rights may be violated, it will need to be made clear whether investments or exports are in line with our own security interests. We must ensure that the capital, experience and knowledge of our companies are not used to strengthen the military and intelligence capabilities of those who are systemic competitors, the head of the EC summed up.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.