Asia’s Spreading Influence in Eastern Europe Worries West

Asia’s Spreading Influence in Eastern Europe Worries West

BELGRADE, SERBIA – Coal-powered flowers, mobile companies, major eu officials scramble to counter Beijing’s mounting financial and political impact on the continent.

EU member Croatia is hosting a summit Thursday between China and 16 countries that are regional the 8th thus far – that focuses on expanding company as well as other links between Asia together with area, which Beijing views being a gateway into European countries.

The gathering in Dubrovnik for the so-called 16+1 initiative is made of Central and Eastern European nations which have endorsed Asia’s committed worldwide “Belt and path” investment task, which includes triggered issues among some key EU states about increased Chinese governmental and financial clout in the location. Continue reading