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In the last decades China has become an economic powerhouse and a key global player.
It is now reducing its dependency on the world while increasing the world’s dependency on itself.
We need to develop a new approach.
https://n.respublicae.eu/i/broadcasts/1rmxPkNDqPdJN
🐦🔗: https://n.respublicae.eu/vonderleyen/status/1648226058347642881
Our approach should be de-risking, but not decoupling.
For this we need:
→A more competitive, resilient economy
→Bolder, better use of trade defence instruments
→Addressing leakage of emerging or sensitive tech through investment controls
→Cooperating with partners
🐦🔗: https://n.respublicae.eu/vonderleyen/status/1648229655244144640