China to lift sanctions on European MEPs in bid to revive trade deal with EU (www.ft.com)
from cm0002@lemmy.world to world@lemmy.world on 24 Apr 02:36
https://lemmy.world/post/28632753

China is preparing to lift sanctions on European lawmakers as it tries to revive an investment deal with the EU after losing most of its access to the US market in Donald Trump’s trade war.

A spokesperson for Roberta Metsola, president of the European parliament, confirmed the move, first reported by German daily Süddeutsche Zeitung.

Beijing took the measures against several MEPs in 2021 after the EU placed sanctions on some Chinese entities because of alleged human rights violations against the Uyghur Muslim minority in the northwestern region of Xinjiang.

The European parliament then refused to ratify an EU-China Comprehensive Agreement on Investment that would have deepened trade ties between the two.

“The president will first inform group leaders once the Chinese authorities officially confirm that sanctions have been lifted. It has always been the European parliament’s intention to have the sanctions lifted and resume relations with China.”

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Wanpieserino@lemm.ee on 24 Apr 04:35 next collapse

Stoxx 600 so hot right now 🥵

Regna@lemmy.world on 24 Apr 05:04 collapse

For the EU this time period presents a choice between two evils, while the third evil looks hungrily over China’s shoulder.

Mihies@programming.dev on 24 Apr 06:01 collapse

There are no not-evil countries. That said, China is lesser evil, way nowmore stable and predictable of the two if handled properly.