(../../../../../favicon_aje.ico) Can Europe still compete with the US and China? | Business and Economy | Al Jazeera    (https://www.aljazeera.com/video/counting-the-cost/2026/10/1/can-europe-still-compete-with-the-us-and-china)                                                 (https://www.aljazeera.com/xml/rss/all.xml)  (https://www.aljazeera.com/amp/video/counting-the-cost/2026/10/1/can-europe-still-compete-with-the-us-and-china)  (https://www.aljazeera.com/wp-content/uploads/2026/10/web-1790847598.jpg?resize=1920%2C1080&quality=80)  (../../../../../wp-content/uploads/2026/10/web-1790847598.jpg@resize=730,410&quality=80)     (https://cdn.cookielaw.org) (https://cdn.cookielaw.org) (https://cdn.cookielaw.org) (https://cdn.cookielaw.org/scripttemplates/otSDKStub.js) (https://www.google-analytics.com) (https://www.google-analytics.com) (https://www.google-analytics.com) (https://static.chartbeat.com/) (https://static.chartbeat.com/) (https://static.chartbeat.com/) (../../../../../static/css/vendor~main~d08ff9cb.24bf1742.r2.chunk.css) (../../../../../static/css/component~main~748942c6.6c6e15fe.r2.chunk.css) (../../../../../static/css/component~main~b07b7304.e3bc53a0.r2.chunk.css) (../../../../../static/css/component~main~6e6dca10.74fd263a.r2.chunk.css) (../../../../../static/css/component~main~5db14389.a7dc5dd5.r2.chunk.css) (https://www.aljazeera.com/static/media/Roboto-Bold.52bb58c8.woff2) (https://www.aljazeera.com/static/media/Roboto-Regular.c5bf51b6.woff2)  (../../../../../static/css/vendor~aje/containers/home-page~components/video-article/videoPageDispatcher~containers/amp-live-blo~5f903362.2e08e417.r2.chunk.css)  (../../../../../static/css/component~aje/containers/home-page~components/video-article/videoPageDispatcher~containers/amp-live-~41c72a2c.3f309873.r2.chunk.css)  (../../../../../static/css/component~aje/containers/home-page~components/video-article/videoPageDispatcher~containers/amp-live-~06be7c11.0625e98d.r2.chunk.css)  (../../../../../static/css/component~components/video-article/videoPageDispatcher~containers/amp-live-blog-container~containers~18bc4cb8.89874183.r2.chunk.css)  (../../../../../static/css/common~493df0b3.ec3ab9b5.r2.chunk.css)  (../../../../../static/css/components/video-article/videoPageDispatcher~6e6dca10.b625c9d1.r2.chunk.css)  (../../../../../static/css/common~493df0b3.ec3ab9b5.r2.chunk.css)  Skip links (can-europe-still-compete-with-the-us-and-china@traffic_source=rss.html#main-content-area) Skip to Content  (https://www.aljazeera.com/)        (https://www.aljazeera.com/video/live) play    Live    Sign up  Show navigation menu     Navigation menu (https://www.aljazeera.com/news/) News    Show more news sections  (https://www.aljazeera.com/africa/) Africa   (https://www.aljazeera.com/asia/) Asia   (https://www.aljazeera.com/us-canada/) US & Canada   (https://www.aljazeera.com/latin-america/) Latin America   (https://www.aljazeera.com/europe/) Europe   (https://www.aljazeera.com/asia-pacific/) Asia Pacific      (https://www.aljazeera.com/middle-east/) Middle East   (https://www.aljazeera.com/tag/explainer/) Explained   (https://www.aljazeera.com/sports) Sport   (https://www.aljazeera.com/opinion/) Opinion   (https://www.aljazeera.com/videos/) Video   More   Show more sections  (https://www.aljazeera.com/aljazeera-originals) Originals   (https://www.aljazeera.com/features/) Features   (https://www.aljazeera.com/economy/) Economy   (https://www.aljazeera.com/tag/human-rights/) Human Rights   (https://www.aljazeera.com/climate-crisis) Climate Crisis   (https://www.aljazeera.com/investigations/) Investigations   (https://www.aljazeera.com/interactives/) Interactives   (https://www.aljazeera.com/gallery/) In Pictures   (https://www.aljazeera.com/tag/science-and-technology/) Science & Technology   (https://www.aljazeera.com/audio/podcasts) Podcasts   (https://www.aljazeera.com/travel) Travel   (https://www.aljazeera.com/sponsored/) Sponsored Content        (https://www.aljazeera.com/video/live) play    Live    Click here to search search     Sign up        (play video) play video   play video    (web)      Video Duration 28 minutes 00 seconds  play-arrow   28:00     (https://www.aljazeera.com/video/counting-the-cost/) Counting the Cost   Can Europe still compete with the US and China?  Europe faces growing pressure from the US and China as it struggles to stay competitive. Read more For decades, Europe relied on the United States for security and on China for cheap goods. Now, it is lagging behind both. Tensions with its ally, Washington, are rising over tariffs, defence spending and Greenland, putting the transatlantic relationship under strain. Beijing dominates key supply chains and raw materials Europe still depends on. When Presidents Donald Trump and Xi Jinping met last week, Europe was not in the room, but their decisions still land on the continent’s doorstep. Europe has leverage of its own, including a single market of 450 million consumers. But closing its competitiveness gap requires deep reform and massive investment.  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