Comment by Margrethe Vestager

It’s a very big issue. So from Europe, when we look at China, we see a very complex relationship. We need China as a partner in fighting climate change. Without China on board, it will not happen. But China is also a systemic rival in how they see their mode of governing versus our democracies. [...] We need a European prism for export controls. Each country has their own competences, but we need to have a European prism to look at that. And then we have taken the first steps to try to figure out how to prevent that some which circumvents export controls by outbound investments. And be very careful, because Europe is really open for business.