How Can Europe Compete with China? Time Is Running Out

<p>Europe is becoming a central battleground in the global contest over economic security. As the US and China de-risk from one another, the EU is under growing pressure to defend its market, reduce strategic dependencies and decide how far it is willing to go in confronting Beijing.</p><p>In this episode, Wojciech Przybylski speaks with Camille Boullenois, Associate Director at Rhodium Group, who argues that Europe is far from powerless. Its market size and control over key high-tech inputs give it substantial leverage, but that leverage will matter only if European governments are prepared to use it. </p><p>How far should Europe go in de-risking from China? And is Europe ready to bear the political and economic costs of a more assertive strategy? Listen to the episode.</p><p>(00:00) Introduction</p><p>(02:00) Trump, Xi and the US–China relationship</p><p>(05:55) Economic warfare and Europe’s role</p><p>(08:35) Why Europe matters for global de-risking</p><p>(12:50) China’s real GDP, slowing economy and rising exports</p><p>(14:20) Did the SOTEU deliver on Europe’s China strategy?</p><p>(17:22) How can Europe protect its industries from China?</p><p>(19:00) Can economic tools change countries’ behaviour?</p><p>(20:20) Where should Europe start using its economic toolbox?</p><p>(23:03) Does Europe have the political will?</p><p>(24:28) What to expect from Šefčovič’s visit to Beijing </p><p>(28:23) Germany’s position on China</p>