Europe Cannot Cope With Any Further Armed Conflict On The Continent

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European leaders are not only unable to counteract the demographic crisis on the Old Continent, but are also losing ground in terms of defense. President Trump’s skepticism and reservation about the military ideas of European bureaucrats, Ankara’s increasingly aggressive actions towards Cyprus and Greece, and the rapprochement between Turkey and Russia highlight NATO’s weakness on the eve of its summit in Brussels.

Europe stands no chance if forced to face conflict on three fronts. Two of them are of conventional character: on the eastern flank, where there are continuous tensions with Russia, and in the Balkans near the border with Turkey. The third concerns the Mediterranean area, where young and strong men from Africa and Central Asia cross European borders with the support of a thousand people from the continent’s heartland. Europeans are also militarily involved in Afghanistan, Syria and take part in the growing conflict in Mali. Continue reading

Germany in China-bashing mode over strategic takeovers

Sectors of the government in Berlin are calling bluntly for an intervention of the European Union (EU) to protect its members against unfair investment practices from Chinese state-owned and private companies. While both EU institutions and member states are sending mixed signals over this German proposal, hawkish supporters of Brexit – Britain’s exit from the EU – are pushing for their leaders to seize on the “China-bashing” that is taking place across the Channel.

Berlin fears that the rise in China’s takeovers of German national assets, notably in the dual-use (i.e. civil and military) hi-tech industry, is driven in large part by the Chinese undisguised desire to buy up Western know-how and intellectual properties, something that will negatively affect the country’s security. Continue reading

Europe mulls a pivot to ASEAN

Most of EU businesses are ready to increase trade and investment in the ASEAN space over the next five years, with Malaysia and Indonesia to emerge as the most attractive markets. European manufacturers are also pushing for the conclusion of a free trade agreement between the EU and ASEAN to eliminate structural disadvantagesThe EU views ASEAN as a viable alternative to China.

The decline in investments flowing from the European Union (EU) member states to the Association of Southeast Asian Nations (ASEAN) should not deceive. As witnessed by a recent survey, European companies look in prospect more favorably to the Southeast Asian market than to China’s. Continue reading