Meeting the China Challenge — G7 Harmony in Hiroshima
Visit to Itsukushima Shrine. CREDIT: G7.

Meeting the China Challenge — G7 Harmony in Hiroshima

The US no longer aims to “decouple” from China. In Hiroshima, President Biden agreed instead to the European approach of “de-risking.” While differences will again surface around what de-risking actually means, how far some of the export controls on sensitive technology should go, and what sort of collective measures need to be taken against economic coercion, the consensus on wording is notable.

At last week’s summit in Hiroshima, Japan, G7 leaders jointly acknowledged China’s threat to global supply chains and economic security. Matthew Eitel outlines how the US and its G7 allies arrived at this tentative consensus.?

Cautious optimism surrounds the fourth EU-US Trade and Technology Council ministerial meeting, scheduled for May 30-31 in Lule?, Sweden. Luca Bertuzzi writes that based on the predicted outcomes, no one should be expecting a major breakthrough.

Faced with draconian Western tech sanctions, Russia has turned to a reliable ally — the United Arab Emirates. Matthew Hedges argues the Arab country should end this dishonorable trade.

CEPA's Tech Policy Tracker follows the major moments in tech regulation on both sides of the Atlantic. Click above to visit the tracker for weekly updates.

FURTHER COVERAGE

ICYMI

Should We Expect a Spanish Tech Inquisition? — Article

Meta Mess: EU Privacy Enforcement Causes Chaos — Article??

Is Tech UK Closing for Business? — Article?

International Cooperation on Digital Trust — Event

Assessing the State of Transatlantic Tech-Trade Relations — Event?

WE'RE FOLLOWING

How ‘Decoupling’ From China Became ‘De-risking’ — The New York Times?

Germany’s new chip factories: a bet on the future or waste of money? — Financial Times?

The power of control: How the EU can shape the new era of strategic export restrictions — European Council on Foreign Relations

The U.S. Needs Minerals for Electric Cars. Everyone Else Wants Them Too. — The New York Times

G7 Hiroshima Leaders’ Communiqué

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