A draft statement revealed that the United States and the European Union will commit to joint actions during a meeting scheduled for this month to address concerns regarding China's non-market practices and to coordinate on export controls related to semiconductors and other goods. The statement indicated that both sides will also coordinate on controls concerning the export of "sensitive materials," which include items used for military purposes and semiconductors. Regarding China's medical devices sector, the statement noted that the two sides are "exploring potential actions" in response to the threats posed by non-market policies and practices.
Additionally, the parties aim to cooperate in efforts to counter foreign information manipulation, including "China's amplification of Russian misinformation narratives about the war" in Ukraine. Both sides affirmed their commitment to work with the G7 to coordinate actions against economic coercion, such as the trade restrictions that the EU claims China has imposed on Lithuania, a member state of the bloc. The European Union considers China a partner in some areas while viewing it as an economic and strategic competitor in others. The EU intends to recalibrate its policy toward China, recognizing that coordination with the United States is essential.
