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US News EU wants to make competition with 300 billion Chinese Silk Street Plan

17:01  01 december  2021
17:01  01 december  2021 Source:   de.reuters.com

Five Chinese nationals in the Democratic Republic of Congo

 Five Chinese nationals in the Democratic Republic of Congo RDC-Chinese: Five Chinese nationals kidnapped in the Democratic Republic of Congo © Reuters / Hereward Holland Five Chinese nationals kidnapped in the Democratic Republic of Congo Bukavu, Democratic Republic of Congo (Reuters - Armed men killed a police officer and abducted five Chinese nationals Saturday near a mining operation of the province of South Kivu, in the Democratic Republic of Congo, announced Sunday a local manager and a spokesperson for the army .

Brussels (Reuters) - the European Union (EU) wants to invest 300 billion euros in environmental protection and infrastructure worldwide.

ARCHIV: Flaggen der EU und Chinas, Peking, China, 25. Juni 2018. REUTERS/Jason Lee © Reuters Archives: Flags of the EU and China, Beijing, China, June 25, 2018. Reuters / Jason Lee

Thus, the 27 Member States want to build an alternative to China's Silk Road. With the project called "Global Gateway", supply chains and trade opportunities in Europe are to be improved over the next six years, as well as internet connections, roads and railway lines, the EU Commission explained on Wednesday. In addition, projects would be funded in areas such as digitization, energy, healthcare and education.

Chinese bundle twin wheel forces - China Motor & E-Vehicle Corporation

 Chinese bundle twin wheel forces - China Motor & E-Vehicle Corporation Numerous Chinese two-wheeler manufacturers bundle their electro-know-how for two-wheelers and thus present themselves on the EICMA. © Tromox The E motor offers 1.2 kW continuous and 2.5 kW peak body. "Cooperation, Joint Success and Terminated Development - China's new motorcycle and electric vehicle brand presents itself in Milan and presents itself to the world public". Under this motto, the cooperation project recently founded on the occasion of the EICMA starts.


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The EU countries needed better and other possibilities and with the investment program Europe creates an alternative to the initiative of China, the Silk Road, said EU Commission President Ursula said From the Leyen. China currently builds a new route with several hundred billion dollars along the legendary Silk Road, which is to reach numerous countries, including the states of Eastern Europe. The EU criticizes China, with this project, make poorer countries dependent on themselves.

The EU Commission stressed, with its investment project, no country will be made dependent on the EU. "The EU will offer its financing at fair and favorable conditions to limit the risk of a debt crisis," it said in Brussels. First you will focus on the construction of transport routes, glass fiber networks and current roads.

The German companies welcomed the EU's plans. "The financing commitments and announced investments make the European Strategy 'Global Gateway' to a serious alternative to the Chinese Silk Street Initiative," said Wolfgang Niedermark, member of the main management of the Federal Association of German Industry (BDI). This also strengthens the geopolitical weight of the EU in the world. Necessary is now a speedy implementation.

OJ 2022: China district a diplomatic boycott, which also divides .
© Handout / Reuters the IOC The United Kingdom and Canada joined Wednesday the United States and Australia in the " Boycott Diplomatic From the Beijing Games, new setbacks for the Chinese regime accused by the Westerners to tread the human rights, particularly in its Muslim region of the Xinjiang (Northwest). These countries will send many athletes to games but not official officials.

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