
The Dangers of Detachment
The past three years have conclusively demonstrated the dangers of excessive dependence. No country can any longer doubt the risks of relying too heavily on another for vital commodities, especially a strategic competitor. The COVID-19 pandemic exposed a widespread lack of essential medicines, even among rich countries such as the United States, and the concerning degree to which China dominates the production of basic protective equipment. Then, in 2022, Russia’s invasion of Ukraine revealed how much the EU had come to rely on Moscow’s gas and oil exports. These events have forced Washington and Brussels to consider various ways of reconfiguring commercial ties with Beijing and severing them with Moscow.… Seguir leyendo »