Geoeconomic Competition
Welcome to "Geoeconomic Competition", a thought-provoking podcast diving deep into the intricacies of geoeconomics. In each episode, Francesca Ghiretti engages with other economic security and geoeconomics experts to navigate the intricate and often hidden manoeuvres of economic security and of global economic power plays. From the growing set of policies to the changes in globalisation, we explore how countries leverage their economic strengths, engage in trade wars, and form strategic alliances to gain geopolitical advantages.
Logo by Daniele Saccani
Geoeconomic Competition
Brussels vs Beijing: Inside the Trade Standoff with Finbarr Bermingham
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On the 18th of June, EU leaders met to discuss "macroeconomic imbalances" aka China and tasked the Commission to design a new instrument and a solidrity measure. On the 29th of June, Commissioner for Trade and Economic Security Maroš Šefčovič met with the PRC Minister of Commerce Wang Wentao and agreed on a dialogue with four worstreams (trade and investments imbalances, export controls, IP rights, and WTO reform) with an October deadline for results. All of the above on a climate of growing tensions between the EU and China regarding trade imbalances (among other things) and the possibility of a tarde war looming. Finbarr Bermingham, Chief Europe Correspondent for the South China Morning Post, joins Francesca Ghiretti to understand how we got here and what to expect next.