EU shifting tone of stance on China as it prepares for frictions with US

European Commission President Ursula von der Leyen open to Beijing ties in ‘era of hyper-competitive and hyper-transactional geopolitics’.

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$5 says that this is a ploy to get trump to soften his trade ware rhetoric with the eu; once (and if) democrats retake control, they'll switch back since sinophobia is virtue in the west.
- The question is whether the EU can actually survive the next four years. My bet would be that there's not a chance in hell of Trump softening his policy because he viscerally hates EU on a personal level. These people openly made an enemy out of him, and he's a very petty man.
  
  france and germany have a better chance at keeping their fascists out of their government than the united states; if they manage to keep that firewall up and keep importing russian energy through back doors, i can see them surviving.
Thanks to trump, the US will cease to be the reserve currency in 10 years of less. China will LOVE to control the world's reserve currency.
- Highly unlikely that China would have any desire for the yuan to become a reserve currency since they want to be able to control its value on the global market. What's far more likely is that we'll see a BRICS backed currency along the lines of Bancor that Keynes advocated for emerge.

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