Chinese Premier Li Qiang’s first diplomatic trip overseas took him to Europe last week, where he sought ways to de-escalate the Chinese Communist Party’s trade confrontation with liberal democracies.
However, Li’s six-day visit to the top EU economies Germany and France coincided with the release of the European Union’s proposed new economic security strategy to address economic security risks and, as part of that, ensure that critical technologies do not flow into the hands of adversaries.
The European Economic Security Strategy paper, released on June 20, aims to convince the 27 EU member states to agree to tighten controls on technology exports and outflows that could be used for military purposes by rivals such as the Chinese Communist Party (CCP)….