China is pressuring EU companies to cease trading with Lithuanian firms. This is a critical moment for the European Union – it should build up defences for its internal market and protect member states and companies from political coercion.
The EU and the US lack a shared strategy for tackling economic coercion involving critical raw materials, and it could increase transatlantic competition during severe supply disruptions
Europeans need to pay closer attention to Russia’s growing opportunities to sell gas to China and other countries in Asia – otherwise they could be left even more at Moscow’s mercy
Threats to Germany’s and Europe’s economic sovereignty have won too little attention in the German election campaign. But, soon, policymakers in Berlin will have to take decisive steps to build up Europe’s strength against economic coercion.
In a future, states will likely become more transactional and try to force changes in behaviour from others in exchange for the use of a platform or supply chain
China’s recent personal and economic sanctions have sent a strong message to Europeans, but there are concrete ways for the EU to build up its resilience against economic coercion
Jonathan Hackenbroich, Filip Medunic, Marco Saracco
Commentary
Strengthening the euro would reduce the power imbalance between Europe and its international partners and competitors
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