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As European leaders return to Beijing seeking an economic reset, questions arise over China’s deepening ties with Moscow — and what that means for the EU. Some analysts and domestic critics of President Trump accuse him of trying to reach a grand bargain with both Russia and China, and effectively leaving Europe at the mercy of what some analysts refer to as the DragonBear. Tonight on On The Record, Adam Jasser speaks with Ivana Karásková, a leading European expert on China from the Prague-based Association for International Affairs, about Beijing’s strategy, the so-called DragonBear alignment, and whether Europe is underestimating the threat. Geopolitical analysis offers a nuanced look at how the EU and particular states navigate great-power competition in an increasingly polarized world. Karásková explains the uneven economic outcomes of China’s “16+1” initiative. While Hungary and Serbia secured significant investments and Turkey and Poland saw smaller gains, many other participating countries experienced limited tangible benefits. This imbalance, combined with changing geopolitical realities, has led several Central and Eastern European states to return to a more cautious stance toward Beijing. Although China invested politically in the region, economic engagement often fell short of expectations. It seems that European leaders are still hoping to separate the issue of trade imbalances and what they see as unfair Chinese competition from China’s growing geopolitical alliance with Russia. However, the expert declares that, with the global landscape transformed and China’s strategic alignment with Russia more visible, the prospect of a renewed “honeymoon” between the EU and Beijing seems unlikely. The interview explores the growing concern over Chinese influence operations. While China may be a relative newcomer compared to Russia, our expert warns that it is advancing rapidly, backed by substantial financial resources and technological capabilities. There is particular anxiety about influence networks operating discreetly throughout the region. Karásková also analyzes Hungarian Prime Minister Viktor Orbán's strategy with China and Russia, framing it as “peacock diplomacy”. When seeking leverage with Brussels, Washington, or Berlin, Orbán publicly courts Moscow or Beijing, creating strategic anxiety among Western partners. This calculated multi-vector diplomacy, the expert argues, often results in improved offers or concessions from the European Union or key Western capitals. 🔴 Watch our 24/7 livestream - https://youtube.com/live/m4mVcUReR6Y Bringing you all the latest daily news and updates, TVP World is Poland's first English-language channel where you can find world news as seen from the Polish perspective and the latest news from the CEE region. Follow us on Twitter, Facebook, Instagram. https://tvpworld.com/ / tvpworldcom / tvpworld_com / tvp_world https://www.threads.net/@tvp_world https://bsky.app/profile/tvpworld.bsk... / tvpworld.com https://t.me/tvp_world #DragonBear #ChinaRussiaAlliance #PeacockDiplomacy