These include a Chinese market that is not open to foreign investment. The US and Europe also agree on the need to strike back. Both sides have responded to a spate of Chinese takeovers by introducing tighter restrictions on Chinese investment. Both speak of a powerful new industrial policy. But still the US and Europa disagree on how to define this competition. And this will be crucial if a transatlantic agenda is to be developed.
Read more in our US-China briefing.