Comment by SpicyLemonZest
2 months ago
It might create opportunity for the EU. China routinely deploys similar sanctions against people who e.g. recognize the independence of Taiwan or refuse to buy cotton from Xinjiang.
2 months ago
It might create opportunity for the EU. China routinely deploys similar sanctions against people who e.g. recognize the independence of Taiwan or refuse to buy cotton from Xinjiang.
The only problem is that the EU is kind of irrelevant when it comes to "financial systems."
It’s enough if they create an inter-EU system. The loss for a the US services would be big enough. Same way the Euro threatened the US Dollar