Mark Leonard's World In 30 Minutes

China’s tightening of export controls on rare earths and related technologies across 2025 marked a turning point in Europe’s economic security. Even with Beijing’s partial and momentary rollback after talks with Washington, a Damocles sword still hangs over Europe’s industrial base—from defence to semiconductors and clean tech.  And with China’s upcoming 15th Five-Year Plan and Made in China 2035, Europe faces the triple threat of coercion, industrial corrosion and loss of sensitive business intelligence.  This week, Mark Leonard welcomes Tobias Gehrke, senior policy fellow at ECFR covering economic security and European economic strategy, and Andrew Small, the new director of the ECFR’s Asia programme. Together,  they discuss China’s current and future economic strategies—and actions that Europe should take in response.