EU-China relations should be based on pragmatic cooperation with reduction of trade and strategic risks - European Parliament report

MEPs call on the EU to engage more with China: to achieve mutual and balanced trade relations with Beijing and limit China's control over critical infrastructure of the EU; to force Beijing to stop supporting Moscow bypassing EU sanctions by changing China's position on Russia and its aggression against Ukraine; confront China over human rights violations. China for human rights violations. This is reported by UNN with reference to the report of the European Parliament.

China is a partner, but increasingly a competitor and systemic rival. It is necessary to reduce the risk of trade flows in order to strengthen the EU's strategic autonomy; limit China's control over the EU's critical infrastructure and fight cyberattacks and disinformation campaigns

The position of MEPs is as follows of MEPs is as follows:

The Parliament recognizes China's role as a partner, but also as a competitor and systemic rival European Union.

The EU and China are interested in an active and stable relationship, but subject to the observance of international law, because:

1) the ruling Chinese Communist Party does not share the same values as European democracies and whereas;

2) China is entering a new era of security and control into a new era of security and control, characterized by increased internal repression

In line with the above, the European the above, MEPs call on the European Union to respond more adequately to the growing to respond more adequately to China's growing efforts to change the multilateral order.

The European Parliament also calls on the EU to cooperate more with China to force Beijing to stop its alleged support for Russia's actions against Ukraine.

SEE ALSO: Abnormal winter in China: due to heavy snow, Beijing switches schools to remote learning

As for economic relations, the European economic relations, MEPs emphasize the need to moving towards the declared goal of reducing trade with China in order to strengthen the EU's open strategic autonomy. In this sense, they emphasize the importance of of mutual and balanced trade relations, in particular the improvement of fair conditions for access to the Chinese market for European companies.

Reference

Over the past few years, the business environment in China has years, the business environment in China has deteriorated, as the country has been raiding on Western companies for violating unclear laws. As the European Union moves forward with its plans to reduce risks in relations with China, the problem is how to get businesses to officially to officially express their claims to the world's second largest economy. This is influenced by the fear of of retaliation from Beijing and the reluctance to disclose what may be very sensitive trade secrets of competitors, writes Finance Yahoo.

Addendum

Among other things, the new report by MEPs points out the importance of steps to limit Chinese control over critical infrastructure in the EU, as well as to better combat cyberattacks, disinformation campaigns, and espionage emanating from China.

As for Taiwan and taking into account the inviolability of the EU's "One China Policy", MEPs oppose any changes to the status quo in the Taiwan Strait, the document says. the document says.

To recap,

Taiwanese pilot recruited by China tried to hijacka a Chinook military helicopter.

Also, UNN reported that the EU called on Xi Jinping to help block Russia's ability to to evade sanctions