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Home The EU’s quixotic plan to shame China over labour rights
The EU’s quixotic plan to shame China over labour rights
The idea that tougher demands by themselves will force substantive about-turn from Beijing is fanciful
World Economy News
1 Feb 2021 • 7 min read
Hello from Brussels. Thanks to the EU’s horrendously ill-judged threat to impose vaccine export restrictions based on its agreement with AstraZeneca, everyone here’s suddenly discovering how dull but presumably lucrative (in fact dull and therefore lucrative, compensating differentials and all that, thanks Adam Smith) a career in Belgian commercial contract law would be. Meanwhile, there’s a lot of private facepalming on the EU side about its abortive action. Any pretensions Brussels has to lead the global trading system’s response to Covid-19 will now have great difficulty passing the laugh test.