Prénom de l'expert

Françoise

Nom de l'expert

NICOLAS

Despite all the talks about the reshuffling of value-chains and the trend to a form of industrial “Desinicization” (or decoupling/disengagement from China), the example of South Korea does not vindicate such assertions.

As French President Emmanuel Macron (accompanied by Ursula von der Leyen) is on a state visit to China, some twenty Ifri researchers decipher the stakes of the U.S./China/Europe strategic triangle.

As the 20th national congress of the Chinese Communist Party (CCP) draws closer, this is an opportune moment to appraise China’s economic achievements over the past decade under President Xi Jinping’s guidance and to identify the challenges the country will have to address during the next five years.

Due to historical as well as geographical reasons, India and East Africa have long been close partners. In the recent period however, and even more so since the early 2000s, these ties have tightened as a result of combined efforts by the government of India and its business community. 

Despite their difference in size, Korea and the EU have developed over time a strong and deep relation through direct investment flows. Germany dominates the relationship, but there remains ample room for the other EU member-states to further develop their relations with Korea.

Françoise Nicolas contributed the chapter on trade, providing more insights into the opportunities and challenges South Korea and the EU need to address to revive the rules-based multilateral trading system.

As the world’s center of gravity has shifted to Asia, the European Union must also be present in the region. In particular, it must develop its relations with Asian countries that have long been neglected to the sole benefit of China -- namely India, but above all the countries of Southeast Asia, where China has invested heavily and will continue to gain influence.