Protectionism a lose-lose scenario
4 months ago

Protectionism a lose-lose scenario

China Daily  

LI MIN/CHINA DAILY Curbing politicization and securitization will benefit the EU's interests, the development of China-EU relations, and global development and security Over the past few years, the United States has relentlessly pressured its allies to comprehensively contain China, leading to dramatic shifts in global geopolitics. The EU's trade and economic policy toward China has become increasingly suspicious and defensive. However, since the EU's 2019 EU-China Strategic Outlook labeled China as a key partner for cooperation but also an "economic competitor" and "systemic rival", ideological factors have increasingly influenced the EU's China policy. Nevertheless, it is important to acknowledge that the foundation of China-EU relations remains strong, and the EU's necessity for collaboration with China has not decreased but rather heightened.

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