If by “the World” you mean “the EU,” then the answer is “maybe a little bit“:
In a historic shift, the European Union has imposed sanctions against Communist China for the first time in more than thirty years. Brussels froze Chinese assets and sanctioned four senior Chinese officials for their role in human rights violations inside China — the first measure of its kind since the end of the Cold War.
“The move from Brussels represents the first punitive measure against Beijing since the arms embargo that the then-twelve member states imposed in 1989 on Communist China due to the violent crackdown in Tiananmen Square,” the French TV network Euronews reported.
The Associated Press reported the details of the EU sanctions:
The EU targeted four senior officials in Xinjiang. The sanctions involve a freeze on the officials’ assets and a ban on them traveling in the bloc. European citizens and companies are not permitted to provide them with financial assistance.
The 27-nation bloc also froze the assets of the Xinjiang Production and Construction Corps Public Security Bureau, which it describes as a “state-owned economic and paramilitary organization” that runs Xinjiang and controls its economy.
British Foreign Secretary Dominic Raab said the measures were part of “intensive diplomacy” by the U.K, the United States, Canada and the 27-nation EU to force action amid mounting evidence about serious rights abuses against the Uyghur Muslim people.
The Reuters news agency described the significance of the EU measures: “While mainly symbolic, the EU sanctions mark a significant hardening in the bloc’s policy towards China, which Brussels long regarded as a benign trading partner but now views as a systematic abuser of basic rights and freedoms.”
Those sanctions are so anemic that they make an actual slap on the wrist look like a knockout punch from a in-his-prime Mike Tyson. Anemic though they were, the United States, the UK and Canada joined in:
In coordination with the newly announced European Union sanctions on select Beijing officials for the alleged ongoing major crackdown on Muslim Uighurs, the Biden administration has hit Beijing with its own punitive sanctions, setting tensions further on edge just two days after the conclusion of the fiery Alaska summit.
The US sanctions target two top Chinese officials for “serious human rights abuses” against Uighur minorities concentrated in northwest Xinjiang province. Along with the EU, the sanctions were coordinated with Canada and the United Kingdom, which rolled out with similarly targeted sanctions that included additional individuals, according to a Treasury Department statement.
“Chinese authorities will continue to face consequences as long as atrocities occur in Xinjiang,” Treasury’s Director of the Office of Foreign Assets Control Andrea M. Gacki said…
“Treasury is committed to promoting accountability for the Chinese government’s human rights abuses, including arbitrary detention and torture, against Uyghurs and other ethnic minorities,” she added. The statement identified the following individuals that fall under the new US action:
The US designated Wang Junzheng, the Secretary of the Party Committee of the Xinjiang Production and Construction Corps, and Chen Mingguo, Director of the Xinjiang Public Security Bureau.
“These individuals are designated pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act and targets perpetrators of serious human rights abuse and corruption,” the Treasury Department added.
The UK government meanwhile said of the coordinated actions in a statement: “Acting together sends the clearest possible signal that the international community is united in its condemnation of China’s human rights violations in Xinjiang and the need for Beijing to end its discriminatory and oppressive practices in the region.”
Such small, targeted sanctions are basically one step up from the dreaded Strongly Worded Letter, and will not hurt China nearly as badly as the Trump Administration’s trade sanctions or the designation that Hong Kong was no longer autonomous. Nor did The Hague’s ruling against China on its South China Sea territorial claims seem to have any perceivable effect on its actions.
But these declarations at least start to get the bureaucratic wheels rolling. The Magnitsky Act designation is treated with real ire by foreign government, so presumably some actual consequences (however slight) might result.
But stronger medicine is required to deter China from its many criminal enterprises, and no one in the international community seems to know what might actually deter them. Or the gumption to pursue them.