Managing the What Ifs: Europe, China and world trade
The Sound of Economics
00:00
Building European Resilience and Security
The chapter delves into recommendations for resilience strategies against unidentified threats, the shift from import to export dependence, and the importance of preparing for financial coercion. It emphasizes the vulnerability of companies relying heavily on China and the need for a prudential approach. Highlighting Europe's potential financial vulnerabilities to US sanctions, it stresses the importance of unity for effective deterrence and preparedness for future challenges.
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