EU admits “American-led system” nears its end

By Paul Antonopoulos | May 26, 2020

European Union foreign affairs chief Josep Borrell told a gathering of German ambassadors on Monday that “analysts have long talked about the end of an American-led system and the arrival of an Asian century. This is now happening in front of our eyes.” He said that the coronavirus pandemic could be the catalyst to shift power from West to East and that “pressure to choose sides is growing”  for the EU, before adding that the 27-nation bloc “should follow our own interests and values and avoid being instrumentalised by one or the other.”

Borrell said “we only have a chance if we deal with China with collective discipline,” noting that an upcoming EU-China summit this autumn could be an opportunity to do so. “We need a more robust strategy for China, which also requires better relations with the rest of democratic Asia.”

As China, India, Japan, Indonesia and Russia will become some of the world’s biggest economies by 2030, according to Standard Chartered Plc, the 21st century is known as the “Asian Century.” So, the EU has a serious decision to make on whether to continue its hostile approach towards Russia if it wishes to have more straight forward trade access to Asia. Putin has made incentives for colonists to populate the Far East of Russia to boost its small population of under seven million people who live close to China to fully and better engage in the “Asian Century” […]

 

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