Opinion | Why cooperation on the coronavirus epidemic won’t help upgrade the China-EU relationship
- Beijing should consider offering Europe concessions in trade and investment, or risk seeing it join hands with the US. After all, China and the European Union share a common cause: to protect multilateralism from Trump’s approach to world affairs
But do not misunderstand, cooperation on the Covid-19 outbreak will not spark closer Sino-European relations. If anything, the EU could be tempted to seize on China’s difficulties to exact trade and investment concessions.
In a speech at the Brussels-based Centre for European Reform on February 4, EU Trade Commissioner Phil Hogan said: “There are few challenges more complex than China.” Given its economic growth, geopolitical ambition and distinct state capitalism model, Beijing is at once a strategic partner, a competitor and a systemic rival, according to the European bloc.
In a February 8 opinion piece, EU foreign-policy chief Josep Borrell said bluntly that Europeans did not want to be the “losers” in the competition between China and the US, meaning that the EU must “relearn the language of power”.