Wednesday, December 25, 2024

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

Date:

  • Jessica Parker
  • BBC Reporter – Brussels

China

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

Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

The wealth management landscape is undergoing a dramatic transformation,...

Nail Artistry Unleashed: The Definitive Guide to Acrylic Nails

Acrylic nails have revolutionized the world of nail art,...

Celebrity Beauty Secrets: CoolSculpting’s Popularity Among Dubai’s Elite

In a city known for luxury and high beauty...

Climate Change Threats to Turtle Nesting Habitats

Turtles, as ancient and resilient creatures, have been nesting...