Europe must avoid over-reliance on China, says EU leader.
Mr. Michel said Monday’s meeting between US President Joseph R. Biden, Jr., and Chinese leader Xi Jinping was important and positive in the sense “there is a choice for competition but not a systematic conflict.”
But Europe must avoid making “the same mistakes” it made by relying too heavily on Russia’s fossil fuels, he said. “With China, we don’t want to be too dependent for the innovative technology that we need today, and that we need more in the future,” he said. “That’s why it’s important to rebalance relationship and for that, it’s important also to engage with China authorities.”
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