Reuters
European Union ministers on Friday backed reducing the bloc’s economic dependence on China but will now have to figure out how to make that a reality, foreign policy chief Josep Borrell said.
Borrell said foreign ministers gave broad backing to a plan to adjust policy on China to place greater emphasis on its role as a political rival, while continuing also to see Beijing both as a partner on global issues and an economic competitor.
“Colleagues welcomed the paper that we presented. They agree on the basic lines of this re-calibration of our strategy on China,” Borrell told reporters after their meeting in Stockholm.
“When a dependency is too big, it’s a risk,” he declared.
Borrell said the EU had to learn from the…
