Air Freight News

EU Is Set to Air ‘Grave Concern’ Over China’s Move in Hong Kong

The European Union is poised to express “grave concern” over sweeping new Chinese national-security legislation in Hong Kong and to question China’s respect for its international commitments.

The stance is outlined in a draft EU statement drawn up as part of a video conference on Friday of the 27-nation bloc’s foreign ministers. China is a main subject of the meeting, which is being led by EU foreign-policy chief Josep Borrell.

“The EU expresses its grave concern at the steps taken yesterday by China, which are not in conformity with its international commitments,” says the draft seen by Bloomberg News. “This decision further calls into question China’s will to uphold its international commitments.”

Europe is engaged in a balancing act in dealing with an increasing assertive China. The EU has sought to enlist Beijing’s help as U.S. President Donald Trump has turned his back on international organizations and agreements, while the bloc also shares Washington’s concerns about alleged unfair Chinese trade and investment practices.

The EU is China’s No. 1 trade partner, while the Chinese market is the second biggest for exports from the bloc after the U.S.

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/methamphetamine.jpg
CBP intercepts over $30 million in methamphetamine at the Pharr International Bridge
View Article
https://www.ajot.com/images/uploads/article/DREW_%28new%29.JPG
WTCA Forum 2024 in New York underscores importance of international collaboration
View Article
ACD celebrates 2024 Annual Meeting in La Quinta, California

Today, the Alliance for Chemical Distribution (ACD) welcomed 666 members and industry leaders for its highly anticipated 2024 Annual Meeting held in La Quinta, California.

View Article
Holiday spending still on track for steady growth amid ‘mixed signals’ in recent jobs and GDP data

The National Retail Federation still expects steady sales growth for the winter holiday season despite contradictions in the latest economic indicators, NRF Chief Economist Jack Kleinhenz said today.

View Article
Trump Presidency will reignite US-China trade war and threaten a spike in ocean container shipping markets / Xeneta

Donald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates.

View Article
https://www.ajot.com/images/uploads/article/Census_Bureau.png
U.S. international trade in goods and services, September 2024
View Article