China's growing market power over semiconductor equipment makers is staggering. As other markets are slowing, China throws a lifeline

bloomberg.com/news/articles/…

What is the basis for the West’s soft power? What sort of offer is China making the world? And whom do countries in the ‘global south’ prefer when faced with a choice between the West and China?

Listen here 👇
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Ursula von der Leyen MERICS European Commission .Ursula von der Leyen: 'We must look at #China also as a technological competitor, a military power, a global player with a distinct and diverging idea of the global order.“

Ursula von der Leyen MERICS European Commission .Ursula von der Leyen: “Our relationship with China is a determining factor for our future economic prosperity and national security. Geopolitics & geoeconomics cannot be seen as separate anymore. We cannot look at China only as a trading partner, or an industrial powerhouse. MERICS

From travelling with Ursula von der Leyen to Beijing in April to hosting her MERICS ECFR European China conference: Her commitment to getting China right in Europe and advancing our common endeavour in building China expertise across Europe is impressive and unprecedented. 🇪🇺🇨🇳

Today Ursula von der Leyen will give introductory remarks at the European China Conference 2023 on Strategic Priorities: Creating momentum for an effective European approach to China. The conference is co-organized by #MERICS & @ECFR with support by GermanForeignOffice. merics.org/en/events/euro…

We are delighted to welcome EU Commission President Ursula von der Leyen at an event today, jointly organized by ECFR and MERICS. With the EU-China summit just three weeks away, the event will outline the priorities for a future European China policy. ecfr.eu/event/european…

It was an honour to welcome European Commission President Ursula von der Leyen at an event today, jointly organized by ECFR and MERICS. With the EU-China summit just three weeks away, the event will outline the priorities for a future European China policy. ECFR Asia

📢Our new multi-country global survey - in coop. with University of Oxford - authored by Mark Leonard, Timothy Garton Ash & Ivan Krastev, reveals striking divergences on attitudes towards the future world order,🇨🇳power, the condition of the West & support for🇺🇦.
🧵👇
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US-China relations have turned especially sour since 2018. There is little hope that the upcoming Biden-Xi meeting in San Francisco will change the dynamics.
Agathe Demarais gives a preview of both sides’ perspectives on Foreign Policy 👇
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What to expect from the Biden-Xi meeting tomorrow? My latest analysis for Foreign Policy looks at positions from both sides (it's all about optics), potential deliverables (AI?) and why the meeting will not change the direction of travel for US-China ties
foreignpolicy.com/2023/11/14/bid…

Great Nikkei Asia deep dive into how advanced machine tools (CNC etc) from the West end up in 🇨🇳's nuclear program - thanks to leaky export control regimes

These machines are also vital to 🇷🇺's military-industrial complex

asia.nikkei.com/static/vdata/i…

🇨🇳 - China is, by far, the largest provider of financing to developing economies
• Since 2014 Chinese financing has been equivalent to that of US, Germany and France - combined
• China is using financial assistance as key tool to advance geopolitical interests in Global South

🇨🇳 - China's loans to sub-Saharan Africa have dropped to two-decade low in 2021
• Lower financial flows reflect China's shift to 'small and beautiful' projects - as opposed to big BRI loans
• Drop will have far-ranging implications for growth, trade and investment in Africa

An exciting event coming up at ECFR ECFR Asia 👇

Japan is present in relevant formats and countries, fostering transparent, open, and long-term communication channels, which build critical trust. ECFR Asia
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Europe risks becoming a taker, not a maker, of economic security norms. To prevent this, the EU should develop a European economic security mechanism. Tobias Gehrke ECFR European Power

ecfr.eu/article/a-make…

🇮🇷 - Like Russia, Iran uses dark fleet of ships to export oil under the radar
• China buys most Iranian crude; Turkish and Indian firms are worried about US secondary sanctions
• It is almost impossible to break such oil-smuggling operations, which have no ties to Western firms

'Kein Großkonzern will sich Indien entgehen lassen, der Markt ist einfach zu groß', sagt Manisha Reuter ECFR Asia im manager magazin.

Für Unternehmen wie Siemens könnte Indien zum neuen China werden.

manager-magazin.de/unternehmen/in…

[Analysis] #GazaCrisis & #GlobalEurope : How the #Israel - #Hamas war is testing #China ’s diplomatic ambitions in the #MiddleEast , by Camille Lons | ECFR pubaffairsbruxelles.eu/opinion-analys…