In wrestling with its economic vulnerability to China, the EU is betting on diversification to solve its problems. It’s not the panacea it is made out to be.
The recent visits to Beijing of German Chancelor Olaf Scholz and European Council President Charles Michel reflected the ongoing attempt to calibrate Europe’s China policy.
There were few deliverables from the short visit, but Beijing is hopeful it indicates Germany is moving out of alignment with the U.S. approach to China.