Wednesday, July 17, 2024

The European Union is preparing to announce a multi-billion dollar plan to counter Chinese influence

Date:

  • Jessica Parker
  • BBC Reporter – Brussels

The film was released, Getty Images

Comment on the photo,

China has made major investments in Asia and Africa, worrying Europeans.

The European Union (EU) is preparing to announce details of a global investment plan that could be seen as a reflection of China’s “Belt and Road” initiative.

Those familiar with the project expressed that it presents “practical” ideas in the fields of digitalization, transportation, environment and energy.

The plan is seen as an attempt by Western nations to counter Chinese influence in Africa and the rest of the world.

On Wednesday, European Commission President Ursula van der Leyen will present the “Global Gateway” initiative.

Rolf Colon
Rolf Colon
"Creator. Award-winning problem solver. Music evangelist. Incurable introvert."

Share post:

Popular

More like this
Related

Embrace the Adventure: Discover Dubai’s Dune Buggy Tours

Introduction to the Dubai Dune Buggy Tour Buckle Up, Adventure...

Why Estonia is the Perfect Launchpad for Luxury Brands

The world of luxury fashion is synonymous with elegance,...

The Real Benefits of Being a VIP in the Online Casino Scene

Becoming a VIP can be a long process that...

The Evolution of Online Casino Bonuses: Trends and Future Predictions

Online casino bonuses have transformed from basic sign-up offers...