Word: embargo
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...thousands of protesters onto the streets of Taipei late last week; and intense pressure from Washington-which fears it might one day be on the receiving end of high-tech weapons in the Taiwan Strait-led several E.U. members to sidle away from a deal to lift the embargo by June...
...thousands of protesters onto the streets of Taipei late last week; and intense pressure from Washington - which fears it might one day be on the receiving end of high-tech weapons in the Taiwan Strait - led several E.U. members to sidle away from a deal to lift the embargo by June. Shen Dingli, a professor of international affairs at Shanghai's Fudan University, thinks Beijing "didn't expect this reaction" to the antisecession law, even though a top aide to E.U. foreign-policy czar Javier Solana says European ministers warned their Chinese counterparts it would boomerang. Solana's aide says...
...China is now the second-largest trading partner of the European Union and the EU is China's largest trading partner. (That's why Europe is now discussing lifting its arms embargo on China, although pressure from the U.S. to refrain from doing so may have postponed the question, at least until the presidency of the European Union passes from Britain next year.) China's growing strategic role has also seen it move to settle conflicts and stabilize long-troubled relations with key neighbors Russia and India, and assume a natural leadership role in important Asian forums traditionally dominated...
...Central Intelligence Agency (CIA). Said CIA Director Porter Goss in Washington last month: "Beijing's military modernization and military buildup could tilt the balance of power in the Taiwan Strait. Improved Chinese capabilities threaten U.S. forces." The U.S. fears that the proposed lifting of the European Union's embargo on arms sales to China could further speed modernization of the P.L.A. and destabilize the region...
...embargo is not total,” said Alliot-Marie. “The embargo concerns only European countries and so many other countries today are selling arms to China because they are not concerned with the embargo...