By Vish Gain for AMLi
IT IS NO SECRET that the European Union has a complicated relationship with China. The world’s second-wealthiest political entity hasn’t been able to decide if the Asian economic powerhouse is its competitor or partner — at times striking trade deals and in others, threatening with sanctions.
Swinging towards the hostile end of the relationship pendulum, the European Union Thursday inched closer to sanctioning China — the first time since the 1989 Tiananmen Square crackdown — for its questionable human rights track record across the country, particularly in Hong Kong and Xinjiang.
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