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.
Russia’s policy towards China has been one of adaptation and accommodation. Despite increasing asymmetry in power between the two states, Moscow and Beijing have reinforced cooperation and managed to overcome a number of challenges. At the same time, Russia and China have not transformed their relationship into a fully-fledged alliance.
Welcome to ‘What we’re reading’ – our new reading list on Atlantic Community. We would like to use this feature to share and highlight interesting, engaging, thought-provoking papers and podcasts on the state of transatlantic relations.
Through its “Made in China 2025” industry strategy, China is making great strides to become the global leader in high-tech industries and manufacturing. The initiative was launched in 2015 as part of a government funded effort for Beijing to achieve its goal of surpassing the likes of the US and Germany to dominate global tech and automation by 2049