For the EU China is “a key partner”. The Commission writes this after the European commissioners, in today’s college in Brussels, took stock of the relations between the EU and China, analyzing “both the opportunities they present and the challenges they entail”. In March 2019 the Asian giant was defined by the Commission as a “partner”, but also an “economic competitor” and a “systemic rival“: these last two definitions they do not appear in today’s college readout.
The general approach of the EU executive, explains the Commission, remains that of “risk reduction”, and not decoupling. China is a “key partner” and “dialogue and engagement will continue as long as the communication channels remain open.”
At the same time, “the current state of trade and investment relations is not sustainable. As economic and security interests are increasingly interconnected, both dimensions will require a more solid and coherent“. Today’s debate will feed into the work of the coming weeks, in view of further discussions at the G7 and the European Council in June.
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