{"id":1961776,"date":"2023-06-30T17:50:02","date_gmt":"2023-06-30T21:50:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/european-union-to-de-risk-and-diversify-from-china-in-rebuff-of-xi-jinping\/"},"modified":"2023-06-30T17:51:10","modified_gmt":"2023-06-30T21:51:10","slug":"european-union-to-de-risk-and-diversify-from-china-in-rebuff-of-xi-jinping","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/european-union-to-de-risk-and-diversify-from-china-in-rebuff-of-xi-jinping\/","title":{"rendered":"EU seeks to reduce risk and diversify away from China, rejecting Xi Jinping."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Feuropean-union-to-de-risk-and-diversify-from-china-in-rebuff-of-xi-jinping%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1961776&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>European Union Leaders Seek to &#8220;De-Risk and Diversify&#8221; Economic Relations Away from China<\/h2>\n<p>European Union leaders have made a bold move to reduce economic dependencies on China, despite Chinese General Secretary Xi Jinping&#8217;s attempts to discourage European cooperation with the United States. In a joint statement following a convocation in Brussels, the European Council declared their commitment to ensuring a balanced, reciprocal, and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/economists-say-bidens-plan-to-fight-inflation-will-likely-just-make-it-worse\/\" title=\"Economists Say Biden\u2019s Plan To Fight Inflation Will Likely Just Make It Worse\">mutually beneficial trade<\/a> and economic relationship. They also emphasized the need to reduce vulnerabilities and critical dependencies in supply chains, and to de-risk and diversify where necessary and appropriate.<\/p>\n<h3>European Unity on China<\/h3>\n<p>This statement not only rebuffs recent Chinese appeals for Europe to maintain &#8220;strategic autonomy&#8221; from the U.S., but also reflects the wariness of senior officials in Brussels and the trans-Atlantic community&#8217;s eastern flank. European Council President Charles Michel highlighted the significance of the quick agreement on the statement, stating that it demonstrates a clear European unity on China. He also emphasized the collaboration with like-minded partners and allies in this regard.<\/p>\n<h3>Chinese Attempts to Forestall the Pronouncement<\/h3>\n<p>Chinese officials attempted to forestall this pronouncement with a diplomatic tour of Western Europe, immediately after Secretary of State Antony Blinken&#8217;s visit to Beijing. However, their efforts were in vain as the European Council remained steadfast in their commitment to de-risking Western relations with China.<\/p>\n<h3>Netherlands Implements New Restrictions<\/h3>\n<p>Simultaneously, the Netherlands announced new restrictions on the export of &#8220;advanced semiconductor manufacturing equipment&#8221; that can contribute to advanced military applications. Dutch foreign trade minister Liesje Schreinmacher emphasized the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-no-new-proactive-step-on-tiktok-deal-under-biden\/\" title=\"White House: No New \u2018Proactive Step\u2019 on TikTok Deal Under Biden\">potential national security risks<\/a> associated with uncontrolled exports of such goods and technologies. This move aligns with a U.S. initiative to limit China&#8217;s access to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/european-union-to-de-risk-and-diversify-from-china-in-rebuff-of-xi-jinping\/\" title=\"EU seeks to reduce risk and diversify away from China, rejecting Xi Jinping.\">cutting-edge computer chips<\/a>.<\/p>\n<h3>Increasing Suspicion and Concern<\/h3>\n<p>Many European leaders have <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/two-time-world-series-champ-aubrey-huff-tweets-the-nfl-may-be-covering-up-damar-hamlins-death\/\" title=\"Two-Time World Series Champ Aubrey Huff Tweets the NFL May Be Covering Up Damar Hamlin\u2019s Death\">grown increasingly suspicious<\/a> of China, particularly in light of the coronavirus pandemic and Xi&#8217;s alignment with Russian President Vladimir Putin. European Commission President Ursula von der Leyen expressed concerns about China&#8217;s shift towards &#8220;security and control&#8221; and its efforts to reduce global dependency while increasing its own influence.<\/p>\n<h3>European Council&#8217;s Stance on Taiwan<\/h3>\n<p>While European leaders have been cautious in their approach to China, they have also warned against any attempts to disturb the stability of the Taiwan Strait. The European Council opposes unilateral actions to change the status quo by force or coercion and emphasizes the strategic importance of the East and South China Seas for regional and global prosperity and security.<\/p>\n<p>Overall, the European Union&#8217;s commitment to de-risking and diversifying economic relations away from China demonstrates their determination to ensure a level playing field and protect their own interests.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European Union leaders aim to reduce risk and diversify economic ties, despite Chinese General Secretary Xi Jinping&#8217;s efforts to discourage European cooperation with the United States. They strive for a balanced, reciprocal, and mutually beneficial trade relationship, ensuring a level playing field.<\/p>\n","protected":false},"author":1,"featured_media":1961777,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1961776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1961776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1961776"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1961776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1961777"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1961776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1961776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1961776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}