As the global economy navigates through an uncertain future and the political sphere transitions rapidly from unipolar to multipolar, Europe finds itself ensnared in two escalating pressures. The first stems from the US, which increasingly advocates for decoupling from China. Simultaneously, the desire for 'strategic autonomy' and resistance towards becoming 'America's followers' is gaining momentum. In this context, should European multinationals prioritize diversifying their supply chains? Furthermore, how should Europe align itself in the face-off between China and the US?
In this episode of Global Vision, Bridging News interviews Mr. Joerg Wuttke, President of the European Union Chamber of Commerce in China and Vice President of BASF China. Let's delve into the discussion and explore his insights and viewpoints on these compelling questions.