Dependence on China: Brussels presents d • Table.Briefings

The EU Commission wants to reduce its dependence on the People’s Republic and is presenting its first all-encompassing strategy for economic security. However, only Competition Commissioner Vestager is open about the fact that Beijing is the focus of these efforts. One instrument in particular is likely to spark controversy among the member states.

The EU Commission has presented its vision for risk reduction in economic issues. With its economic security strategy, Brussels wants to strengthen its own production and supply chains – and prevent future-relevant technology from flowing to authoritarian third countries, above all China or Russia. The strategy, presented in Brussels on Tuesday, is intended to bundle the de-risking announced by Commission President Ursula von der Leyen into a concrete, joint EU approach. It is the first time the EU has combined security and trade in a single strategy.

Dependence on China: Brussels presents de-risking plan

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