Europe has shown little interest to get involved in the global power struggles between Beijing and Washington. Most European governments take a more nuanced view of the China challenge. They share US concerns about the direction of the Middle Kingdom under President Xi Jinping, including domestic market access and unfair competition from state-owned and backed Chinese companies in China and globally.
Germany is China’s most important economic partner in the EU and China is Germany’s most important economic partner in Asia. Germany therefore has relied on a negotiation- and discussion-based approach in its relations with China following the principle “change through trade” (Wandel durch Handel). While other western powers, such as the United States, already took a tougher stance vis-à-vis China on past occasions, Germany regarded it more as a partner than a competitor. However, things have changed in recent years.
Relations between China and the European Union have been changing dramatically. As China’s presence in Europe increased, Brussels took a more assertive stance against bilateral agreements between Beijing and EU member states, advocating in favor of a multilateral approach and EU standards.
At present, China and Europe are facing similar global challenges: protectionism, populism, separatism, terrorism, and unilateralism. Global stability and the international order are suffering from the greatest threats since World War II. If we can maintain our national interests despite instability and continue world peace, China and Europe could play an indispensable international role.
Under the common global threat, both China and Europe have common interests and demands.
The EU-China Summit to be held in Brussels this week comes at a crucial and unprecedented juncture in EU-China relations.
When China’s President Xi Jinping launched his flagship project on the “Silk Road Economic Belt” in Astana in the fall of 2013, followed by the “21st Century Maritime Silk Road” in Jakarta a month later, few people in France took notice, except perhaps for a few experts in academic circles or research institutions focusing on China.
The Italian eagerness to sign a memorandum of understanding with the Chinese government over participation in the Belt & Road Initiative (BRI) sent shockwaves throughout Europe. Under the Eurosceptic coalition government in Rome, Italy has found a friend in China, which sees the ‘forgotten’ port of Trieste as the perfect gateway to the heart of Europe for its 21st Century Maritime Silk Road.
This article will focus on the strategic involvement of Russia and China in Iraq’s and Syria’s energy industry, focusing on the National Oil Companies (NOCs) of both countries and their involvement in the most strategic assets of the Middle East, oil and gas. Baghdad’s oil and gas production is fundamental to strengthen the stability of OPEC, while supporting policies against market volatility in the whole world.
In the last five years, the Belt and Road Initiative (BRI) have forged the association between China and infrastructure in the global imaginary, and with good reason. With over one-thousand infrastructural projects concluded in over sixty countries, China’s $900 billion project involves 62 percent of the global population. However, Huawei Technologies Co., Ltd.
"Downward pressure on the Chinese economycontinues to increase, growth in consumption is slowing, and growth in effective investment lacks momentum.” With these words, China's Prime Minister Li Keqiang announced that Beijing has lowered its target for the country's economic growth this year, blaming the slowdown on a “profound change in the external environment”: a clear reference to the trade war with the United States. According to