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China eyes expanded business ties with Eastern Europe amid EU concerns
Reuters ^ | July 6, 2018 9:37 PM | Tsvetelia Tsolova

Posted on 07/06/2018 7:45:31 PM PDT by Olog-hai

Chinese Premier Li Keqiang will offer the leaders of central and eastern Europe on Saturday expanded business ties at a summit in Sofia while seeking to reassure the EU that Beijing is not trying to divide the continent.

Li, whose attendance at the seventh such “16+1” summit coincides with an escalating trade war between China and the United States, will also try to dispel growing doubts among some participants about the value of the annual meetings.

China has promised billions for development projects in the region as part of its Belt and Road strategy to carve out new export markets, but these deals are coming under greater scrutiny.

Li, whose country needs the European Union’s support in its trade battles with U.S. President Donald Trump, has been careful to stress China’s support for European integration and rules in trade and procurement. […]

Analysts said Li would try to avoid issues that might annoy western European capitals, including the European Commission in Brussels that upholds the common rules that underpin the EU’s single market. …

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; Germany; Russia
KEYWORDS: 16plus1; china; communism; easterneurope; eussr; redchina; singlemarket; sixteenplusone; socialmarketeconomy; tariffs; tds; tradewar

1 posted on 07/06/2018 7:45:31 PM PDT by Olog-hai
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To: Olog-hai

Belt and Road is pathetic. Eastern Europe is not Africa. They aren’t looking to be vassal states to the new Mings.


2 posted on 07/06/2018 7:48:57 PM PDT by mindburglar (I missed my flight...)
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To: Olog-hai

No bad.

For years EU and America government elites have a contempt for Eastern europe.


3 posted on 07/06/2018 11:43:05 PM PDT by granada
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