As I've been listening to Galaxy Brains and Euros complain about the US and how China will take advantage, this is purely laughable. How laughable? Well let's go over the stats:
1. In 2023, China had total foreign direct investment into Europe of $9.97 billion USD(
https://statista.com/statistics/277991/cash-flow-of-chinese-direct-investments-to-europe/…) where as in 2022, the United States had 435 billion euros which at 2022 exchange rates (make it simple was $435 billion. In other words, China invested $10 billion and the US invested $435 billion. Let's give the US a slight edge in this one.
2. In 2023, Europe had a trade deficit of 292 billion Euros, where as Europe had a trade surplus with the United States in 2024 of $267 billion USD. If Europe wants to try and get a better deal with China, then by all means let me be the first to make you reservations in Beijing.
3. Europe however are also our moral superiors so what about the environment? The United States emits 41% of the CO2 emissions compared to China and has been dropping between 1-1.5% annually for the past 20 years, while China's has roughly doubled in the same time period. (
https://ourworldindata.org/co2/country/china… and
https://ourworldindata.org/co2/country/united-states…).
4. Europe also has security concerns though right? The United States has contributed roughly 50% of the aid to Ukraine only slightly less than the entire European Union. China? They are feeding weapons to Russia to help them attack Ukraine and threaten Europe.
I could keep going on and on and on but here is the bottom line. If Europe wants to complain about the US and threaten to talk more to China, you are not going to get any thing close to a better deal, a country more in line with fundamental values, or better economic outcomes. If you will want to? Then let me be the first to suggest hotels in Beijing.