A hardening of China’s place from an period of reform and opening to certainly one of safety and management requires Europe to “de-risk” diplomatically and economically, European Fee President Ursula von der Leyen mentioned on Thursday.
Forward of subsequent week’s go to to China with French President Macron, von der Leyen delivered a sober evaluation of Chinese language insurance policies, acknowledging that relations with Beijing have grow to be “extra distant and tougher” in the previous few years.
Von der Leyen mentioned China, whose President Xi Jinping pledged nearer ties with Russian counterpart Vladimir Putin final week, bore accountability for advancing a “simply peace” to finish the struggle in Ukraine that required the withdrawal of invading Russian forces.
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China, she mentioned, was changing into extra repressive at dwelling and extra assertive overseas.
Von der Leyen mentioned it was not viable to decouple from China, nevertheless it was important to give attention to decreasing the dangers posed to Europe.
Economically, the European Union wanted to “rebalance” the connection and cut back its reliance on China.
The EU, von der Leyen mentioned, already had a spread of measures to counter financial distortions and defend its safety pursuits, however the bloc also needs to look the high-tech it shared with a altering China.
The European Fee, she mentioned, would current concepts later this yr on measures to manage outbound investments in sure delicate applied sciences to make sure they don’t improve the navy or intelligence capabilities of a systemic rival.
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