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 EU Must Seek to 'De-Risk' Rather Than Decouple from China - Von der Leyen

 

The President of the European Commission, Ursula von der Leyen, has emphasized the need for the European Union (EU) to adopt a strategy that focuses on de-risking its relationship with China rather than completely decoupling from it. In a speech given on January 17, 2023, Von der Leyen stated that while the EU must protect its interests and values, it should also continue to engage with China in areas of common concern such as climate change and global health. She suggested that de-risking can be achieved through diversifying supply chains, reducing dependence on critical Chinese technologies, and promoting open trade and fair competition.

 

My personal opinion is that Von der Leyen's approach is pragmatic and strategic. Completely decoupling from China would not only be economically detrimental for both sides, but it would also hinder collaboration on important global issues. By de-risking the EU's relationship with China, the EU can safeguard its interests while still maintaining engagement and cooperation where it is beneficial.

 

 

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