Power & Pandemic: EU and China Reshape Political and Economic Relationship

Region: China & European Union

This Agora Executive Briefing assess the changing relations of the European Union and the People’s Republic of China. The pandemic exposes Europe’s vulnerabilities, from China-focused supply chains to the EU market’s openness to foreign investors. As China pushes ahead with aid and trade, both governments and companies in Europe are looking to rebalance an increasingly asymmetric relationship.

Given that Washington is in a trade war and a ‘virus blame game’ with Beijing, the planned EU-China investment agreement is a make-or-break moment in a time of crisis.