Europe risks falling victim to a heightened power play between the US and China if it does not “pull together” and take a unified approach to prepare for a future conflict, one of the region’s largest defence contractors has warned.
Michael Schoellhorn, chief executive of Airbus Defence and Space, said the re-election of Donald Trump in the US was only the “most recent wake-up call” for Europe.
The question for Europe was “do we keep our leverage and our means to shape our future or . . . do we become victims to big power competition between the US and China”, he said in an interview with the Financial Times.
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