Beijing’s Perspective on the EU’s new China policy

Beijing’s Perspective on the EU’s new China policy

In the past few months, the European Union (EU) has pursued a noticeable transition in its China policy, suggesting that Europe is taking an increasingly critical stance on China. In March 2019, a ten-point plan published by the European Commission explicitly described China as “an economic competitor in pursuit of technological leadership and a systemic rival promoting alternative models of governance”. Calling China a “strategic competitor” reflects the EU’s growing concerns of rising competition with China. Moreover, it institutionalizes the reoccurring criticism over the lack of reciprocity of market access for European companies in China. The EU has also raised security concerns over foreign direct investment (FDI) from Chinese state-owned enterprises and technology companies.

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