China fears: EU foreign investment strategy at a crossroads
25 October 2022 | 4:26 pm
The EU wants to reduce dependence on incoming Chinese investment. But given the geopolitical turmoil unleashed by the war in Ukraine and technological demands, many ask if it can realistically lay down the law to China.
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The EU and China have agreed that peace talks in Ukraine should begin, and their trade relations should be rebalanced. Analysts remain cautious.
The Ronald Reagan Presidential Library and a US conservative think-tank were among the organizations sanctioned by China. The move comes after Taiwan's President Tsai Ing-wen met with US House Speaker Kevin McCarthy.
After India outrightly rejected China's attempt to rename places of Arunachal Pradesh, Beijing on Tuesday claimed its "sovereignty" over the region. In a regular press conference, China's Foreign Ministry spokesperson Mao Ning said, "Zangnan (Arunachal Pradesh) is part of China's territory.
Over 40 Chinese planes and eight ships were detected around Taiwan. The drills come after Taiwan's President Tsai Ing-wen met with US House Speaker Kevin McCarthy.
Military drills involving Chinese forces are continuing for a second day, with air force sorties. The move comes right after Taiwanese President Tsai Ing-wen returned from her visit to the US.
China's three-day "Joint Sword" exercise has seen warships and fighter jets simulate targeted strikes on Taiwan. Experts say Beijing's drills may increase the risk of military escalation across the Taiwan Strait.
Donald Trump walked into a Manhattan courthouse on Tuesday to become the first-ever criminally indicted former US president. Meanwhile, a couple of weeks ago, the Chinese president was in Moscow. Now Xi Jinping is rolling out the red carpet for French President Emmanuel Macron, who is on his first state visit to China since Covid.
The EU is under pressure from the US to take a tougher stance on China's strategic expansion in Southeast Asia. However, European leaders say they want to avoid being seen as an extension of Washington.
This year's joint "Balikatan" military exercises are the largest to date. They come as Manila seeks a stronger response to China's increased military activity and deeper strategic cooperation with the US.
Japanese analysts say the French president's suggestion that a Chinese attack on Taiwan would not be a crisis requiring European involvement undermines Japan's diplomatic efforts to preserve security in the Indo-Pacific.
The Brazilian president has arrived in China ahead of a high-level meeting with Xi Jinping on Friday. Lula plans to rebuild the relations that were damaged under his predecessor.
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