The European Union (EU) and China have entered a new stage in their relationship. China now appears as a “systemic competitor” in assessments by major European business federations and EU institutions, and the EU Commission has launched a work program to assess ways to deal with the country’s economic impact on the EU. There is a growing belief across Europe that the balance of challenges and opportunities China presents has shifted, and that European policy-making needs to adapt to new long-term challenges arising from the competition between economic systems.
In this report published by Bertelsmann Stiftung, Mikko Huotari (MERICS) and Agatha Kratz (Rhodium Group) explore how Europe could expand its toolbox to address those challenges.
Download the full report here: