The European Union's recent European Council meeting revealed a continued struggle to address its trade deficit and dependencies with China. Despite years of escalating pressure and policies like "de-risking," the EU has failed to significantly reduce its reliance on China or improve its own competitiveness. This lack of progress has led to the adoption of vague terms like "global macroeconomic imbalances" and a directive for the European Commission president to engage in dialogue with China, while also developing new economic security tools. Critics argue that the EU's approach is detached from assessing outcomes and that the focus on external factors distracts from addressing internal weaknesses in competitiveness, industrial policy, and technology. AI
RANK_REASON Opinion piece discussing EU policy towards China without new factual announcements.
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