EU’s de-risking strategy in the face of China
This week on Beyond the Byline, EURACTIV digs into the new economic security strategy presented by the European Commission on Tuesday (20 June).
The plan seeks to persuade all 27 EU member states to implement stricter regulations for the export and transfer of technologies that could potentially be used for military purposes by third countries, through stronger export controls and screening of outbound investments related to critical technologies.
While the document does not explicitly mention China, it highlights the importance of collaborating with compatible nations and implementing a “de-risking” strategy to reduce dependence on China in economic matters.