China wary of US, EU pursuit of collective economic security

News Snapshot:

Last month, the US-EU Trade and Technology Council — a forum focused on deepening transatlantic cooperation on things like supply chains, export controls, and tech standards — held bilateral talks in Washington, DC. The US’s statement following the meetings noted that top American officials “stressed the importance of fortifying our collective economic security, including by further de-risking and diversifying of our economies.” Advertisement While China was not explicitly named in the statement, the country invariably looms over any discussion of economic security. Notably, there was no mention of decoupling — a phrase that US officials have sought to distance themselves...