urope needs economic cooperation, not blind suspicion

2019年2月18日

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Austria’s technology ministry has called on Europe to form a joint position on whether or not to allow Chinese firm Huawei to equip 5G for next-generation mobile networks. This consideration co

mes amid the US-hyped security concerns over Huawei and Washington’s relentless efforts to thwart the 5G efforts of this leading tech company.
5G

will be one of the most critical components of the digital economy and society, not only in China but also Europe. Europe has taken significant ste

ps to lead global developments toward this strategic technology. To reposition itself as a leader in world affairs including the field of technology, Europe h

as no reason to reject cooperation with Huawei which has developed the most advanced 5G technology, disregarding u

nwarranted US claims.
Europe is caught in the middle. While the continent treads carefully between China an

d the US, what is at stake is its own interests. As China tries to offer a cooperative approach, Europe, a longtime US ally, is hesi

ant to accept. The Belt and RoadInitiative proposed by China presents tremendous opportunities in terms of trade and g

rowth, while skepticism lingers in Europe about the geopolitical ambition the initiative may harbor.
Ob

servers believe that the funds allocated by the EU will fall way short of what is really needed. The EU will allocate funding for this project in its ne

xt multiannual budget, which will stretch from 2021 to 2027, but can Europe afford to wait till then to walk out of its current plight?

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