EU won’t follow Trump into a trade war over Hong Kong

danas prvi puta vidim ovu stranicu..politico.eu..





By STUART LAU, JAKOB HANKE VELA, JACOPO BARIGAZZI AND FINBARR BERMINGHAM 

5/28/20, 8:44 PM CET
 
Updated 5/29/20, 2:00 PM CET





his story is jointly produced by POLITICO and the South China Morning Post, with reporting from Brussels, Paris and Hong Kong. 





European leaders are in no mood to follow the U.S. in threatening trade sanctions against Beijing as it moves to tighten its grip on Hong Kong.

Despite growing tensions over the former British colony, German Chancellor Angela Merkel, Europe’s most powerful politician, insists she still wants the EU to reach a landmark investment agreement with China this year.
China’s top legislature on Thursday voted 2,878-to-1 to impose national security laws on Hong Kong, sparking concerns that Beijing will limit the autonomy granted by the “one country, two systems” principle that followed the end of British rule in 1997. Over recent days, protesters have poured onto the streets and clashed with security forces in an echo of a pro-democracy movement last year.
The U.S., Canada, Australia and Britain condemned Beijing's step, hailing Hong Kong as a "bastion of freedom," and the U.K. held open the prospect of citizenship for more Hongkongers if Beijing presses ahead.
While U.S. President Donald Trump has vowed to “react strongly” and Secretary of State Mike Pompeo has cast doubt on Hong Kong’s continued preferential trading status, the EU is sticking to traditional diplomatic expressions of concern.

“The Hong Kong government has lost a lot of credibility, if not all of it" — Julien Chaisse, law professor at the City University of Hong Kong

EU foreign policy chief Josep Borrell said he had "deep concern" about Thursday's move. He has previously insisted Brussels “attaches great importance to the preservation of Hong Kong’s high degree of autonomy,” but said this week he didn’t think “sanctions against China are going to be a solution for our problems.” Merkel also said the EU, the world’s biggest trade bloc, needs to maintain a “critical and constructive” dialogue.

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European foreign ministers will meet on Friday to try to hack out a common position on China, but trade retaliation is not on the agenda. “Sanctions are not on the table, our relations with the Chinese are simply too important,” one senior EU diplomat said.

All eyes on investment deal

The key issue is whether China’s power grab in Hong Kong will weigh on the EU's investment agreement with China, which Germany wants to conclude this year. The senior diplomat said that Hong Kong could be “a game-changer” as questions increase about rule of law in a city of 7 million people that is the base for many European investors in the region.

Germany wants the deal to be concluded at an EU-China summit in the city of Leipzig in September. But the agreement was in trouble even before the latest flare-up in Hong Kong. Michael Clauß, Germany’s ambassador to the EU and a former ambassador to China, admitted earlier this month that talks were stuck over market access rights for European companies.
Jörg Wuttke, president of the European chamber of commerce in Beijing, warned that events in Hong Kong could undermine China’s diplomatic standing. “This could seriously affect ongoing negotiations between the EU and China on a variety of critical areas such as the comprehensive agreement on investment and on issues of common concern like climate change,” he said.

It would require a major political shift from the Europeans to reverse away from the investment agreement though. The EU officials in charge of the investment agreement negotiations with China were not given the mand...........................

https://www.politico.eu/article/eu-hong-kong-trade-china-agreement/?utm_referrer=https%3A%2F%2Fzen.yandex.com&utm_campaign=dbr

dakle,svabija i Europa su odlucile udaljavanje od Juse...

Legendovich wrote:dakle,svabija i Europa su odlucile udaljavanje od Juse...

PA ne znam ali trebali bi ...

Jer američka takozvana politička elita se sve više ponaša kao gomila neuračunljivih psihopata

Ringo10 wrote:

Legendovich wrote:dakle,svabija i Europa su odlucile udaljavanje od Juse...

PA ne znam ali trebali bi ...

Jer američka takozvana politička elita se sve više ponaša kao gomila neuračunljivih psihopata

evo pa vidi..sam izvuci zakljucak..

https://www.ex-iskon-pleme.com/t40829-back-off-trump-germany-wants-to-make-europe-strong-again