China is making significant inroads into Europe in terms of trade, investment, and also political cooperation. Heads of state and government across the continent have recently started to realize that this poses a challenge not only to European unity but also to European prosperity. The last European Council meeting underlined that there is a willingness to rebalance the relationship with Beijing. Relations between China and even the largest EU member states are asymmetric (to say the least), but a real willingness to put Europe first in dealing with China has so far been trumped by selfish economic nationalism in Berlin, Paris, Rome, and twenty-five other capitals.