[Strategic Culture Foundation] Both Trump and the EU are turning on China for very similar reasons but with different timescales ahead of them. The West still struggles with what it requires from China and whether it wants to get rich and become a big spender, or become poorer and flood western markets with cheaper and cheaper goods. Expect more devaluation of the Yuan.EU is "rebalancing this relationship" with China. EU ambassador to the UK João Vale de Almeida tells Chatham House. It's not about "isolating" or "ganging up" on China, but it's about addressing issues. We have different systems of values on human rights and other areas".
A pretty remarkable statement to make and one which could only have come from a relatively obscure EU official, if it was based on solid support from the highest echelons of the EU in Brussels – who, in turn, would not go ahead with such a bellicose policy if they didn't have the gilt-edged backing from France and Germany.