China wary of US, EU pursuit of collective economic security

Last month, the US-EU Trade and Technology Council — a forum focused on deepening transatlantic cooperation on things like supply chains, export controls, and tech standards — held bilateral talks in Washington, DC. The US's statement following the meetings noted that top American officials "stressed the importance of fortifying our collective economic security, including by further de-risking and diversifying of our economies." Advertisement While China was not explicitly named in the statement, the country invariably looms over any discussion of economic security. Notably, there was no mention of decoupling — a phrase that US officials have sought to distance themselves…