With its ‘Global Gateway’, EU tries to compete with China’s Belt and Road Initiative
The EU unveiled its "Global Gateway" project this week, which is seen as a European alternative to China’s Belt and Road Initiative (BRI). But is the EU’s €300 billion plan a serious threat to Beijing’s influence extension initiative? Everyone wants their own Silk Road. Nearly a decade after Chinese President Xi Jinping proposed…
bubmagDecember 3, 2021