If EU does as Merkel preaches, then this completely takes the wind out of Biden's sails. "Contain China" simply won't work without EU.
Biden would be left with the same old TPP countries. South Korea and Japan can clearly see the writing on the wall and would rather play both sides, so who else? No country of consequence.
4 years of this, and China surpasses US as the biggest economy. At that time, no matter who wins the election, containment would be impossible.
As Xi said, time is on China's side.