China Eyes Eastern Europe Investment as US Trade War Sizzles

Manila Bulletin, July 7, 2018 | Go to article overview

China Eyes Eastern Europe Investment as US Trade War Sizzles


By Agence France-Presse

As a trade war rages between China and the US, Chinese Premier Li Keqiang is meeting leaders from central and eastern Europe in Bulgaria on Saturday to discuss investment opportunities.

Road and rail projects funded by China will be high on the agenda at the summit, which has raised concerns in Brussels and richer Western European countries about growing Chinese influence in the region.

At the seventh annual gathering of the so-called "16+1 cooperation", Li will meet leaders and firms from 11 EU member states and five Balkan nations hoping to join the bloc.

Their talks will focus on joint ventures in industry and the high-tech sector as well as infrastructure, agriculture and tourism, the Bulgarian hosts said in a statement.

But there are fears the summit could be an attempt by China to vie with EU projects and aid by funding infrastructure under its global Belt and Road initiative and thus divide the bloc.

"The meetings have prompted considerable speculation in Brussels and other European capitals that they are a Chinese effort to 'divide and rule' Europeans," a December 2017 report by the European Council on Foreign Relations (ECFR) said.

Waning enthusiasm

Li hurried to downplay Brussels' concerns on Friday.

"The 16+1 cooperation is by no means a geopolitical platform. Same may say that such cooperation may separate the EU but this is not true," he said after talks with Bulgarian premier Boyko Borisov.

"China supports European integration and a united EU because we understand that the EU is an important force for global prosperity and peace."

Borisov added that China was not seeking to compete with but rather complement EU aid in the region.

Enthusiasm among participants has waned through the years as the flood of Chinese cash -- including a promised $10 billion credit line and $3 billion investment fund -- has largely failed to materialize. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

China Eyes Eastern Europe Investment as US Trade War Sizzles
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.