European officials have preferred to take a softer approach to Beijing than that of the Biden administration.
European Commission President Ursula von der Leyen has, in recent months, pushed for a policy of de-risking from Beijing — reducing dependency on the country in critical sectors such as raw materials and semiconductors. However, European officials aren't anywhere near supporting a total breakup in economic and diplomatic ties.
The EU's single market, where goods and services move freely across borders, is home to 23 million companies and over 450 million consumers, according to data from the European Council. The American rhetoric toward China eased slightly following a meeting of G7 leaders over the weekend, with Biden warming to the concept of de-risking, rather than completely detaching the two largest economies in the world.
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