For several years, the team at the Institut français des relations internationales (French Institute of International Relations – Ifri) has been closely following the changes in the U.S.-China-Europe strategic triangle in order to anticipate the course of globalization. In 2019, the conference celebrating Ifri’s 40th anniversary, organized at the Sorbonne, was focused on “The Future of Europe in the Context of Sino-American Competition”. In 2020, at the very start of the lockdown in France, a study co-written by seven researchers underlined that the pandemic accelerated previously identified trends, with the European Union (EU) facing both the risk of its “rapid marginalization” and an “unprecedented opportunity: to rally and coordinate countries all around the world that are keen on avoiding getting caught up in the Sino-American rivalry.” Three years later, the present study, made up of sixteen texts, comes in the wake of Olaf Scholz’s visit to China (November 2022) and precedes Emmanuel Macron’s visit (April 2023). Notably, it comes one year after the start of a geopolitical and geoeconomic shock of rare magnitude: Russia’s invasion of Ukraine.