• The EU and China have strong economic ties but face significant political and strategic disagreements. Trade is a major component, but issues like human rights, technology transfer, and regional security create friction.
Mutual Expectations:
• The EU expects China to adhere to international norms, improve market access, and address human rights concerns.
• China expects the EU to recognize its economic rise and refrain from aligning too closely with US policies that counter China’s interests.
Opportunities:
• Economic cooperation in areas like green technology, infrastructure, electric vehicles (EV), and digitalization can benefit both the EU and China.
• Both sides can work together on global issues like climate change and pandemic responses.
Threats:
• Strategic competition in regions like Africa and Asia.
• Potential conflicts over technology, such as 5G and cybersecurity.
• Overcapacity in Chinese industries leading to trade imbalances.
• Human rights issues, especially regarding Xinjiang and Hong Kong, can lead to sanctions and further strain relations.
Responses and Issues:
• The EU is increasing its defense capabilities and seeking to reduce dependency on Chinese technology.
• China is strengthening its ties with other regions, such as Africa and Latin America, to counterbalance EU influence.
• Both sides are navigating complex trade negotiations and geopolitical alliances to protect their interests.
• Trade wars and tariffs are significant issues, impacting industries and economies on both sides.
• The Russia factor complicates EU-China relations, with Russia’s actions in Ukraine and its alliances affecting the geopolitical landscape.
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