The West Takes On The East

 

Western nations presented a united front against China on Monday, announcing joint sanctions due to the Chinese treatment of the Muslim Uighurs. This is the first group effort against China on this matter.

The United Nations, the European Union, Britain, Canada, and the U.S. all agree that China has been detaining at least 1 million Muslims in camps. They are forced to work, tortured, and killed in some cases. We are using the word genocide here. In the year 2021!

China pushed back and says that these are “vocational training” camps that are needed to fight extremism.

The sanctions are against senior Chinese officials. China hit back and sanctioned officials in the E.U. We are not talking trade sanctions here, although we probably should. The world is so dependent on Chinese exports so doing something like that would be more than just a slap on the wrist.

Still, slapping China on the wrist is a big deal. Many nations have been loath to do it. Leaders in the U.K., Australia and New Zealand have also issued statements against China but did not join in the sanctions effort. If a serious trade war begins because of this – and there are many reasons to support this – our lives will all change in a major way.

 

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on whatsapp
Share on vk
Share on email
Share on reddit

Related Articles

Join the mailing list

Get the daily email that makes reading the investment news actually enjoyable.

Scroll to Top