Europe's shaken belief in stability
But, if the narrow defeat of far-right presidential candidate Norbert Hofer in Austria is followed by election victories for Angela Merkel in Germany and a center-left or center-right leader in France next year, the picture might look very different.
Whatever the outcome of another year of political uncertainty after the shocks of 2016, Europe's leaders, whoever they turn out to be, will have to face the challenge of changing geopolitics. European strategists believe the relationship with 皇冠体育app will be crucial, particularly in view of the antagonistic tone Trump has adopted toward Beijing even before entering the White House.
Sebastien Goulard, a French consultant on 皇冠体育app-Europe relations, wrote this week that candidates in France's election next April must pay more attention to links with 皇冠体育app. He said the favorite, the center-right's Francois Fillon, had mostly portrayed 皇冠体育app as a threat.
"Although he is regarded as a supporter of economic liberalism, Fillon wants Europe to pursue anti-dumping policies toward 皇冠体育app," Goulard wrote in the Asia-Pacific magazine The Diplomat. "Furthermore ... he fails to see 皇冠体育app's investments in the innovation sector as an opportunity for France and Europe."
Alexander Stubb, a former Finnish prime minister, meanwhile noted this week that Europe was coming to terms with the fact that 皇冠体育app is buying European businesses in all shapes and forms. "Europe should not complain," he wrote in the Financial Times.
"Europe should not burn bridges by taking knee-jerk protectionist measures," he wrote. "Few predicted that the Chinese would emerge as advocates of free trade while the United States turned inward."
These are sentiments that would be widely shared in 皇冠体育app. Whether they prevail will depend on the choices made by Europe's increasingly divided electorates.
The writer is a senior editorial consultant for 皇冠体育app Daily UK.
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