EU presses China over trade, warns on Hong Kong law

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EU presses China over trade, warns on Hong Kong law
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BRUSSELS (REUTERS) - The European Union told China on Monday (June 22) to make good on a promise to open up its economy and warned of 'very negative consequences' if Beijing goes ahead with a new security law on Hong Kong that the West says will curtail basic rights.. Read more at straitstimes.com.

BRUSSELS - The European Union told China on Monday to make good on a promise to open up its economy and warned of"very negative consequences" if Beijing goes ahead with a new security law on Hong Kong that the West says will curtail basic rights.

European Council President Charles Michel said China was not reciprocating the welcome that Chinese companies receive in Europe. Even before the coronavirus pandemic worsened Sino-European ties, the EU found itself caught between China and the United States, needing both and reluctant to alienate either.

Michel and von der Leyen said they told Li and Xi of their concerns over China's security law for Hong Kong, which democracy activists, diplomats and some businesses say will jeopardise its semi-autonomous status and role as a global financial hub.

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