Despite the latest developments, the EU's policy on China will remain based on "de-risking" rather than "decoupling", Brussels has said. #EuropeNews
The European Union will not decouple from the Chinese economy as a condition for reaching a trade deal with Donald Trump's administration, the European Commission said on Tuesday amid reports that the White House has asked countries to do exactly that.
Granted, China cannot be trusted. But China cannot be trusted in the same sense that a used car salesman cannot be trusted. The US, by contrast, cannot be trusted in the same sense that a rabid weasel cannot be trusted.
Logic correct: "Donald Trump’s administration" isn't a substitution for "Chinese economy".
White House has asked
We should start making a list of really important USA exports (I bet that list won't be long) and search for alternatives. The USA needs some time alone. 2-3 decades. To contemplate. And think.
Logic correct: “Donald Trump’s administration” isn’t a substitution for “Chinese economy”.
Chinese bureaucracy appears to be stable and consistent when adhering to policy over the span of decades.
Trump's administration appears incapable of setting a policy that survives a holiday weekend.
What's crazy is that the domestic business community and their pets in the national legislature are content to let Trump run a wrecking ball through the last 80 years of delicately assembled and refined trading partnerships. America truly is a madhouse.
We should start making a list of really important USA exports (I bet that list won’t be long) and search for alternatives.
Lot of that already happening at the multi-national level. We're seeing a real bifrication of supply chains as the US grows openly hostile towards international trade. And Chinese business leaders seem eager to fill the gap.
Interesting political maneuver since the EU already is on track of decoupling from China. It‘s important we do it on our own terms so I‘m not against this. That being said the thumbnail seems very misleading or at least I hope so.
Good. They're both shit, but China might actually be slightly ahead in terms of being a desirable partner right now, and completely cutting off one to slightly improve relations with the other is a booby prize under any circumstances.