One factor missing for me in this analysis - an important one, because it reinforces the de-risking strategy - is the loss of trust in China in many European countries because of China‘s continuous economic support of Russia. The war in Ukraine is not something peripheral for the EU but touches upon its core interest of stability and security in Europe. Preventing that European technology ends up via China in dual use goods used by Russia to attack Ukraine is a very big topic. Therefore, I would expect further restrictions in the future if China‘s Russia policy stays on the current course.
One factor missing for me in this analysis - an important one, because it reinforces the de-risking strategy - is the loss of trust in China in many European countries because of China‘s continuous economic support of Russia. The war in Ukraine is not something peripheral for the EU but touches upon its core interest of stability and security in Europe. Preventing that European technology ends up via China in dual use goods used by Russia to attack Ukraine is a very big topic. Therefore, I would expect further restrictions in the future if China‘s Russia policy stays on the current course.