European Parliament Freezes Ratification of China Investment Treaty
The European Parliament has halted ratification of a controversial investment treaty with China until Beijing lifts sanctions on European lawmakers, academics and think tanks. The move, a rare display of fortitude by an institution notorious for vacillation, reflects a hardening stance in Europe toward the Chinese Communist Party.
European Parliament Freezes Ratification of China Investment Treaty
Soeren Kern | Gatestone Institute | May 31, 2021
The European Parliament has halted ratification of a controversial investment treaty with China until Beijing lifts sanctions on European lawmakers, academics and think tanks. The move, a rare display of fortitude by an institution notorious for vacillation, reflects a hardening stance in Europe toward the Chinese Communist Party.
The ratification freeze, backed by all of the major groupings in the European Parliament, is significant for several reasons: it represents a turning point in EU-China relations, in that Beijing no longer calls the shots; it marks a shift in the balance of power in favor of the European Parliament at the expense of the European Commission; and it signifies the beginning of the end of Merkelism, and ideology which, among other things, consistently prioritized commercial interests over human rights concerns, whether in China, Russia or Iran.
