Edition: International | Greek
MENU

Home » EU Actually

What will happen with Merkel, Von der Leyen and Michel’s landmark trade deal with China?

The EU joined the U.K., the U.S. and Canada in slapping sanctions on Chinese officials involved in the crackdown on the Uyghur minority in Xinjiang

By: N. Peter Kramer - Posted: Wednesday, March 24, 2021

“By acting with our partners, we are sending the clearest message to the Chinese government, that the international community will not turn a blind eye to such serious and systemic violations of basic human rights, and that we will act, in concert, to hold those responsible to account.”
“By acting with our partners, we are sending the clearest message to the Chinese government, that the international community will not turn a blind eye to such serious and systemic violations of basic human rights, and that we will act, in concert, to hold those responsible to account.”

N. Peter Kramer’s Weekly Column

The EU joined the U.K., the U.S. and Canada in slapping sanctions on Chinese officials involved in the crackdown on the Uyghur minority in Xinjiang. “By acting with our partners, we are sending the clearest message to the Chinese government, that the international community will not turn a blind eye to such serious and systemic violations of basic human rights, and that we will act, in concert, to hold those responsible to account,” British Foreign Secretary Raab told the Commons.

But… Beijing immediately hit back with punitive measures against the EU: a host of EU officials, MEP’s including the complete sub-committee for Human Rights, ambassadors and other diplomats, institutes, families were targeted and some businesses were banned from trading with China. Members of the European Parliament on the list include the head of the Parliament’s China delegation, Reinhard Butikofer.

China’s sanctions on MEPs and EU bodies are “unacceptable and will certainly have consequences,” said EP President David Sassoli at a meeting with the blacklisted MEPs, adding that “the European Parliament and the European institutions will not be intimidated.” A shudder went through China after these brave words.

The big question now is, what will happen with the landmark EU-China trade deal, personally brokered late last year by Angela Merkel, Ursula Von der Leyen and Charles Michel with Chinese President Xi-Jinping. The EU’s hope was that the deal would make life easier for key investors in China such as German carmakers. Politico quoted, as an answer to the question, Philippe Le Core, China specialist at the Harvard Kennedy School in Boston: ‘My feeling is that China doesn’t care if the deal doesn’t take place. It was more a symbolic victory for China’.

READ ALSO

EU Actually

Six EU countries demand revision of climate policy: ‘Ideological dogmatism harms our industry’

N. Peter KramerBy: N. Peter Kramer

Six European heads of government have called on Commission President Ursula von der Leyen to review the current EU climate policy.

Europe

EU agrees €90bn loan for Ukraine but without using Russian assets

EU agrees €90bn loan for Ukraine but without using Russian assets

European Union leaders have struck a late-night deal to lend Ukraine €90bn (£79bn; $105bn) over the next two years, after failing to agree on using frozen Russian assets.

Business

EU waters down plans to end new petrol and diesel car sales by 2035

EU waters down plans to end new petrol and diesel car sales by 2035

Current rules state that new vehicles sold from that date should be "zero emission", but carmakers, particularly in Germany, have lobbied heavily for concessions.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2025. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron