This paper delves into the European Union’s approach to safeguarding its economic security in relation to its principal trade partner, the People’s Republic of China. Structured into four sections, the analysis begins by examining challenges and risks possessed by the PRC and offers an overview of positions on de-risking from China and interests of various stakeholders. The second chapter provides an overview of the current and future economic security instruments of the EU and selected EU member states. To broaden the horizon of existing policy frameworks, third chapter lists some of the lessons in de-risking policies from like-minded democracies Japan, the United States, and Taiwan. Finally, the paper concludes by presenting concrete policy recommendations for EU institutions, intended to fortify the economic resilience of the bloc.