As the Sino-American rivalry intensifies, Europe may be tempted to position itself as a third pole of geopolitics. But instead of defining its power in relation to a bipolarity that many countries are seeking to escape, the continent should focus on building a new architecture of interdependence in which it occupies a central role.
PARIS—The Sino-American rivalry, often portrayed as a new cold war, has become the lens through which many view global power dynamics. But this narrow focus fails to account for those countries that refuse to choose between China and the United States.
