Regional and Global Implications for Germany and the EU
Could China’s quiet but steadily rising penetration of Central Europe bear risks for the EU? Certainly, Beijing is using the region as a gateway to Western Europe’s markets while including the EU in its “Eurasian” integration project. But a deepening trade triangle of China, Germany, and Central European countries could put other EU countries at an economic disadvantage. Germany must address this risk, carefully balancing national interest and European cohesion.