What Happened
European Leaders Strengthen Military Autonomy Amid China Competition
France and Germany have pledged to deepen their defence partnership, aiming to strengthen European military autonomy amidst intense economic competition from China. The leaders of both countries outlined plans for cooperation on nuclear deterrence, missile defence, and long-range strike systems, following the collapse of a joint fighter jet project earlier this year. This move is seen as a response to China’s economic pressure and the potential reduction of US defence commitments in Europe, as reported by Global Banking & Finance Review.