China’s financing and investment spread across 61 BRI countries in 2023 (up...
2024-02-27 31 英文报告下载
The People’s Republic of China poses an immense challenge for the European Union, one unimaginable only a few years ago. This challenge comes at a particularly difficult time. Vladimir Putin’s attack on Ukraine has shattered post-Cold War assumptions about the pan-European security order. The COVID-19 pandemic is still raging, imposing very real social and economic costs on European countries. Europe’s security interests are threatened in Eastern Europe, the Middle East and Africa. The consequences of Brexit have not been entirely digested yet, though the war in Ukraine is forcing London and Brussels to work together more closely on sanctions and other aspects of foreign and security policy. Within the Union, illiberal and populist governments are questioning its founding principles. Against the background of this multiplicity of challenges, the EU sometimes struggles to assert itself globally, even though it is still the largest economic and trade entity in the world.
China poses a challenge to Europe’s long-term economic sustainability, to its political freedom to act internationally, to its values and interests and, ultimately, to its security. This is not only a direct challenge, but one which grows out of China’s systemic impact on the international system. European-Chinese disputes have been on the rise. In Europe, in the United States and in other democratic market economies, the notion of ‘decoupling’ has gained ground in response to newly-perceived risks in bilateral relations with China – the risk of losing technological leadership and industrial competitiveness to Chinese companies backed by the Chinese state; and the risk of Chinese influence operations undermining liberal values and subverting democratic politics. Decoupling can imply anything from keeping key military or dual technologies out of China’s hands to severing ties that result in economic dependence on China.
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