The EU is worried about becoming too dependent on China.
(Photo: AP)
Berlin, Brussels Concerned about China’s growing power and increasingly aggressive foreign policy, the EU wants to arm itself for conflicts with the People’s Republic.
In a confidential paper, the European External Action Service (EEAS), which is responsible for EU foreign policy issues, outlines the new concept of “derisking”, risk reduction: It is intended to enable Europe to maintain its lead in security-related technologies and to withstand Chinese attempts at blackmail. This strategy is economic and political, not military.
The EU must eliminate “critical dependencies” that “make us vulnerable to coercion” and prevent “sensitive technologies from flowing away,” says the EAD document, which is available to Handelsblatt. The concept includes several elements, such as stricter export controls, investment controls and restrictions on Chinese mobile equipment suppliers such as Huawei.
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