Published 08:38 IST, December 1st 2020
US Senate report suggests US-EU partnership to keep China's growing belligerence in check
US Senate report suggests US-EU partnership to ensure international system sticks to its values amid China's growing aggression among other things
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According to a report by chairman of US Senate Foreign Relations Committee, US and European Union (EU) must mull over ways to ensure that international system sticks to its values amid China's unfair trade practices, murky investment and political interference. report states that US and EU have 'very different visions' of world as compared to China. This comes just weeks before Joe Biden is set to take over US administration which experts believe will change things for China's ecomy as y expect Democrat President may impose sanctions.
US Senate report titled 'A Concrete nda for Transatlantic Cooperation on China' read, " United States and Europe on one hand, and China on or, have very different visions of what world should look like. This competition of ideas and of systems touches on our political and cultural values, our ecomic prosperity, and our security."
" United States and Europe must decide how we will ensure international system maintains its commitment to its values, even in face of China’s unfair trading practices, murky and corrupt investment, and political interference to advance its authoritarian ends," it furr added.
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"China’s coercive regional posture"
As China continues to pose a threat in Indo-Pacific region, US Senate report stated that it's t possible for eir side of Atlantic to deal with challenges that China throws on ir path alone, adding that countries need to collaborate to deal with security threat. degree to which China can dominate its neighbourhood and beyond may have an influence on ability of country to project power globally, states report.
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"Neir side of Atlantic can respond to challenges China poses alone. only way forward is to work toger. Transatlantic security and prosperity require that we renew our commitment to each or and pledge to use all of our combined tools to succeed," says report.
"As a result of region’s growing ecomic and political weight, opportunities presented by robust alliances and partnerships, and China’s more assertive and coercive regional posture, United States has determined that Indo-Pacific is a top foreign policy priority," it furr adds.
This report comes amid China's growing aggression in Indo-pacific region while tensions continue to rise over Hong Kong security legislation issue, trade, Beijing's military aggression as well as COVID-19 pandemic outbreak. Earlier, Tsinghua University professor and former adviser to China's central bank David Li Daokui had wanted ecomic planners to beware that incoming President Joe Biden may 'continue Trump's hard-line approach to China', according to a report by South China Morning Post. Professor also warned m to t rule out possibility of Donald Trump's comeback in 2024.
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(With inputs from ANI)
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08:38 IST, December 1st 2020