EU said to renew Chinese sanctions over Xinjiang human rights
|Citing multiple diplomats familiar with the situation, the South China Morning Post (SCMP) reported on Tuesday, the European Union (EU) is set to renew sanctions on Chinese officials accused of human rights violations in Xinjiang.
Additional takeaways
“Sanctions target four officials Brussels identified as architects of ‘large-scale surveillance’ of Muslim ethnic minorities in the Western region.”
“European Parliament to debate EU-China relations while pushing for a listing of more Chinese officials.”
Market reaction
The above headlines have little to no impact on the Euro, with EUR/USD keeping its range around 1.0250, up 0.08% on a daily basis.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.