The European Union's diplomatic service has set out plans to recalibrate the bloc's China policy, aiming to reduce the risks of economic dependency on Beijing while continuing to cooperate on global issues
The European External Action Service presented the proposal in a seven-page document sent to EU governments ahead of a meeting of their foreign ministers in Stockholm on Friday.
In a letter accompanying the proposal, EU foreign policy chief Josep Borrell said there were at least three reasons for "re-calibrating" China policy. The proposal, seen by Reuters, says that "cooperation, competition and rivalry will continue to be at the centre of the EU’s China policy, even if the weighting between these different elements may vary according to China’s behaviour".
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