Since the two sides are interdependent in trade and economy, greater cooperation can foster a more fruitful partnership China-EU relations have entered a new phase amid the novel coronavirus pandemic. Unlike in the past, when China and the European Union saw each other as mutually beneficial partners, the EU’s policy toward China in recent years has been more about meeting challenges. The EU’s concerns about China can be summarized as follows. First, technology may “migrate” to China weakening the EU’s competitiveness. The EU believes that technology transfer is a security issue as much as a matter of competitiveness. Both developing and developed EU economies are facing economic recession, and the European Commission has been warning EU member states to protect European companies from being taken over by their foreign counterparts amid the global public health crisis. The second concern is telecommunications security. On Oct 9, 2019, the European Commission released a report saying 5G network security is a matter of great concern for the EU. Whether the United Kingdom’s decision to ban Huawei’s 5G equipment will have a spillover effect on the rest of Europe remains to be seen, but there is a consensus among European countries about this issue… Read full this story
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