EU counters China’s Silk Road Initiative

European firms could miss out on China’s $900 billion infrastructure initiative, warns a leaked report by EU diplomats. It said the New Silk Road trade corridor has. mega infrastructure project.

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BEIJING (Reuters) – Britain is committed to help realise the potential of China’s Belt and Road Initiative (BRI), British finance minister. in Beijing on China’s programme to re-create the old Silk.

SHANGHAI (Reuters) – Chinese companies invested nearly $15 billion in countries participating in Beijing’s new silk road initiative last. State media said China and Uzbekistan had agreed to deepen.

The Belt and Road Initiative is believed by some analysts to be a way to extend chinese influence at the expense of the US, in order to fight for regional leadership in Asia. Some geopolitical analysts have couched the Belt and Road Initiative in the context of Halford Mackinder’s heartland theory.

History buffs will recall that the Silk Road was an ancient network of trade routes that. and now details of another key part of China’s initiative are surfacing. China will build a major.

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News Italy, China sign new ‘Silk Road’ pact. Italy has become the first G7 country to join China’s massive Belt and Road project. Debt-burdened Rome is eager to boost trade, but Washington and.

Western critics have attacked the initiative as new colonialism, or Marshal Plan for the 21st century. China has generally played down such comparisons, drawing parallels with the U.S. endeavour to.

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 · Khorgos Gateway functions as a leading entry point for the China-Central Asia-West Asia corridor and acts as the Western media’s figurehead for this initiative. Xi Jinping’s speech launching the SREB in 2013 stressed the importance of Kazakhstan and China in [building] a new Silk Road’.