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De Risking Strategy

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politics2 years ago

Europe's Strategy to Reduce China Risks and Maintain Ties

The European Commission has unveiled a "de-risking" strategy to develop a resilient economy that is less reliant on China in critical technologies, including increasing scrutiny of foreign direct investments and exerting export controls to fend off "economic coercion." However, EU member states remain divided on how to approach relations with Beijing. The strategy does not mention China by name, but its language reflects criticism frequently leveled at Beijing by Europe, the U.S., and others.