torsdag 31. desember 2020

Neither human rights concerns nor US disapproval could stop the EU-China trade deal

In a year that has seen global perceptions of China plunge, Beijing scored a major diplomatic victory Wednesday with the finalizing of a trade deal with the European Union -- in spite of criticism from the United States and outstanding concerns many in the bloc have over Beijing's worsening human rights record.

Ahead of the agreement, which will give European companies greater access to Chinese markets, a senior aide to US President-elect Joe Biden had urged EU leaders to wait and address shared concerns about Beijing with the incoming administration. That Washington's European allies plowed ahead casts doubt on Biden's future ability to build a coalition of like-minded countries to counter Beijing, particularly if the EU, the world's single-largest trading bloc, becomes even more closely tied to China's economy.