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OSSERVATORIO INTERNAZIONALE



                  During the period of the rather stormy departure of the Trump admini-
             stration  from  power  and  the  Biden  administration’s  taking  of  office,  the
             European Union concluded a comprehensive agreement on investment with
             China in the hope that it would make it easier access to the Chinese investment
             market. Washington was not delighted. The agreement has not been ratified by
             either side yet for various reasons, among others due to the Chinese sanctions
             (travel ban) against members of the European Parliament who were in favour
             of sanctions due to China’s dismal human rights record.
                  Among the sources of power to which great powers rely a supporting
             environment and as many followers as possible should be there. It is hard to
             imagine a state rising among the world’s leading powers without being followed
             by quite a few others, including influential states. There can be various reasons,
             including the standing and acceptance of the line taken why a state is being fol-
             lowed. This may be the case when states want to reduce their security deficit by
             relying on a great power and thus strengthen their security (this is called ban-
             dwagoning)17, when they intend to gain economic benefits or when they want
             to demonstrate their affiliation and thus increase their influence. Of course,
             there is also the case when one state simply wants to get a “clean slate” by
             belonging to a group gaining recognition for its membership and then be free
             to shape its policy, even in difference from the group (international organiza-
             tion), if not to the opposite of its line. Follow-up behavior is based on a ratio-
             nal decision on the part of the smaller player and also from a power that bene-
             fits from a wide range of followers. The leading power does not have to force
             the smaller state, as it is enough that the latter recognize the benefits of being
             a follower. Of course, each leading power has its own way to lead and influence
             based on its civilizational foundations that the various states that follow may
             find attractive to varying degrees. It is now clear that both the United States lea-
             dership on a value-based identity declared for many decades, and China’s newer
             ‘value-neutral’, sovereignty-maximizing approach attracts followers alike.
                  Where the bipolar international order is not of a Cold War nature, this
             may lead many states to try find a place to build good relations with various
             great powers and benefit from belonging to an international organization at the
             same time. There are states that link their Eastern policy with membership of
             Western  organizations  (such  as  countries  like  Hungary  or  more  recently
             Montenegro),  while  others  combine  their  aspiration  to  join  the  European
             Union with opening up to the East (such as Serbia). China (and Russia) has now
             benefited on several occasions from the fact that the EU was not able to take
             (17)  WALT, Stephen, The Origins Of  Alliances. Ithaca-London, 1987. pp. 147-180.

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