Peter Mandelson is co-founder and chairman of strategic advisory firm Global Counsel. He was previously the European Trade Commissioner and U.K. first secretary of state.
By leveraging its relationships, EU can help set guardrails on rivalry

From left, French President Emmanuel Macron, China's President Xi Jinping and European Commission President Ursula von de Leyen in Beijing: EU interests are different. (Pool via Reuters)
Peter Mandelson is co-founder and chairman of strategic advisory firm Global Counsel. He was previously the European Trade Commissioner and U.K. first secretary of state.