Europe is altering its China policy to reduce reliance on vital technologies, while seeking a balance between protecting its interests and fostering cooperation. And by shifting the relationship, we have the opportunity to heal divisions, and prioritize shared interests that have been, expressed, ultimately benefiting everyone involved.

The EU’s pursuit of becoming an autonomous and influential global power, while balancing relationships with the U.S. and China, was jolted by the Russian invasion of Ukraine. The EU aims to collaborate and compete as an equal with both powers, while improving its domestic strength, ensuring reciprocity, and linking trade to geopolitics, foreign policy, and security. And the Comprehensive Agreement on Investment, executing the EU strategy in Asia and the Indo-Pacific, and establishing a collective defense structure with operational objectives, are three projects that could help achieve these goals.

Europe faces three imperatives: It needs to seize the opportunity presented by China’s post-pandemic reopening; it needs China as a stabilizer, in light of the unpredictable prospect of peace in Eastern Europe; and it needs to rebalance its relationship with the United States because of dramatic international shifts in recent years.

In his visit to China, the French president Emmanuel Macron presented views at odds with some others in Europe. America’s European allies appear to lack the mutual trust needed to reach key compromises. With Macron’s advocacy in play, unity may be difficult to achieve.

European interests, in France’s view, will be ignored under the U.S. grand strategy to preserve its hegemony, and so Europe should avoid becoming a U.S. pawn. But this idea has yet to find wide sympathy in Europe, which looks to the United States for its security.

China’s latest diplomatic win, an expansive agreement with France, goes a long way in confirming China’s dream of becoming a global hegemon. Yet with conflict raging in Europe to this day, the end of the road is nowhere near.

The Butterfly Effect has taken flight. China’s diplomatic accomplishment in reconciling Saudi Arabia and Iran could have far-reaching consequences, with Ukraine’s future caught in its wake. The unexpected nature of this historic move means that its ramifications are rapidly gaining momentum and could unleash a tidal wave of global proportions, particularly in Europe.

French President Emmanuel Macron and European Commission President Ursula von der Leyen clearly signaled that trade, not ideology, will continue to anchor China-EU relations. Even so, the Russia-Ukraine conflict could complicate matters if not resolved.

The EU and U.S. recently announced a deal providing America favorable treatment to European critical materials. The agreement will deepen cooperation and decrease their dependency on China, but potential consequences remain uncertain. In the future, the EU should adopt a more ambitious stance to strengthen their position as a self-reliant and influential global geopolitical force, as they navigate the delicate balance between Beijing and Washington.

China has provided some new thinking and inspiration for solving the international security puzzle. The answer involves major countries breaking through the constraints of outdated Western security theories and charting a course that is comprehensive, cooperative and sustainable.