HomeNewsOpinionSino-EU ties | The challenge for Europe is to balance values with economic interests

Sino-EU ties | The challenge for Europe is to balance values with economic interests

August 31, 2020 / 11:38 IST
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Amid worsening ties with many countries including the United States, the Chinese Foreign Minister Wang Yi is visiting Europe. Wang is covering five important countries - Italy, the Netherlands, Norway, France and Germany. The exclusion of the United Kingdom from his itinerary reflects rising tensions with Britain over Hong Kong security law.

The choice of Europe for his first visit abroad since coronavirus hit Wuhan shows the growing importance of Europe in Chinese geopolitical calculations. The head of the Communist Party’s foreign affairs committee and politburo member Yang Jiechi is also visiting Greece and Spain this week.

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The European Union (EU) and China are both economic heavy weights. They play an important role in global governance institutions. Though economically deeply engaged with each other, European political positions are hardening. This is due to Beijing’s handling of coronavirus, its assertive foreign policy behaviour and the Hong Kong national security law. The US moves to build a transatlantic alliance against China are also shaping European responses.

The recent EU-China summit was also not very successful. Europeans are becoming cautious about deploying a 5G network built by Huawei. The EU supports Hong Kong autonomy under the ‘One Country Two Systems’ principle. It has also restricted sensitive technologies for end use in Hong Kong. China is also under an EU arms embargo since the 1989 Tiananmen crackdown.