1st key quote:

"US-China strategic rivalry will probably be the dominant organising principle for global politics" regardless of who the next US president is

May sound obvious to political analyst, but framing 🇺🇸🇨🇳 relations like this was never straightforward for 🇪🇺

(2/14)
2nd passage:

"As for Europe, we need to be clear where we stand" and be guided by our "values and interests"

Nothing new here. But it goes on:

"This does not mean we should be equidistant from the two protagonists"

And here, it starts getting real 🔥

(3/14)
@JosepBorrellF continues:

🇪🇺 and 🇺🇸 are "political cousins", "committed to political pluralism, individual rights, media freedom and checks and balances"

"The combination of this shared history and shared values creates, a priori, a close affinity between us"

(4/14)
On the other hand, 🇨🇳 is a whole different cup of tea - as it was "built on values and a political regime that are very different" from Europe's

And here we come to the true turning point...

(5/14)
...

"the economic development of China and the growth of its middle class has not resulted in a marked evolution towards democracy", @JosepBorrellF says

"The idea of ‘convergence through trade’ has disappeared"

💥 BOOM 💥

(6/14)
A little context to appreciate the magnitude of this:

"Convergence through trade" roughly equals the German expression "Wandel durch Handel" - "change through trade"

It's the official 🇩🇪 government stance towards 🇨🇳 and it was recently defended by @peteraltmaier himself

(7/14)
Is "Wandel durch Handel" just wishful thinking?

As @Doranimated argues in the excellent piece below, "the theory's exclusive focus on economics" may have shadowed other "factors - cultural, political, and demographic - of equal or greater weight"

(8/14) https://www.tabletmag.com/sections/israel-middle-east/articles/china-middle-eastern-kingdom
Illusion or reality, "convergence through trade" was also the 🇪🇺 line on 🇨🇳

Is it still so? Reading @JosepBorrellF, we doubt it:

"People respect China, but many also fear it" - "the idea of a mighty, benevolent power is fading" - China has become "somewhat friendless"

(9/14)
🇪🇺 will still engage with 🇨🇳, "even if difficult", as China "has necessarily to be part of global solutions to planet-size problems" like Covid-19 🦠 and climate change

In 🇪🇺 there's no trend toward "strategic rivalry" nor a "broad economic decoupling" from 🇨🇳

Yet...

(10/14)
Yet, Brussels and Washington share "a number of deep concerns on the substance of Chinese behaviour that must be addressed"

... and 🇪🇺 is losing patience:

"[D]espite Chinese commitments", "there is insufficient follow through"

(11/14)
In the final passage, @JosepBorrellF is explicit:

there is a "China challenge" that is part of a wider "rise in authoritarian powers" ⚠️

"like-minded democracies" need to step up their cooperation to fend them off 🤝

🇪🇺 and 🇺🇸 should be "at the heart of this effort"

12/14)
Let's be clear

If the EU follows through with what this article argues, it would be a major turning point in its China policy 🔀

From an approach of "convergence through trade" to a policy of confrontation and perhaps containment

(13/14)
And let's not forget the timing of this publication

There's still a trade deal being negotiated between 🇪🇺 and 🇨🇳

And guiding @EUCouncil there's now Germany, which has so far being quite permissive toward China

But perhaps times are a-changin'

(14/14) https://www.politico.eu/article/why-post-merkel-germany-will-change-its-tune-on-china/
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