E.U. Proposes Plan to Shield Economies and Technologies From China
- The European Commission unveiled proposals to protect trade, investment, critical infrastructure and sensitive technology from rival countries that don't share European values.
- Though not naming China directly, the plans target curbing its access to European markets and intellectual property.
- The proposals align Europe with the U.S. in scrutinizing China's economic ambitions and call for screening foreign investments and exports of sensitive tech.
- Europe seeks to make its supply chains and economies less vulnerable to coercion and weaponization of trade relationships by foreign rivals.
- The plans aim to curb China's ability to gain military advantages from trade and partnerships in Europe without fully decoupling economic ties.