I hate this whole disaster but why can't Europe step in for stuff like this?

Because they have their own programs for this already.

I guess that’s why I don’t get all the knee-jerk “China will step in” comments. Even if they did people wouldn’t have the same trust levels as they did with the former USA.

I’d trust a European version a lot more.

China will be able to fill some voids but ideologically they’re not fit to fill them all.

What I meant to say was that China will happily seize the opportunity to try to fill the void (whether it succeeds or not is a separate matter).