EU launches €300bn fund to challenge China’s influence - short news
Global gateway infrastructure strategy aims to counter Chinese impact in Asia, Africa and Europe
The EU’s plan to invest €300bn (£255bn) in global infrastructure will be better than China’s belt and road initiative, the European Commission president has said, as she announced a strategy to boost technology and public services in developing countries.
Ursula von der Leyen said the EU’s global gateway strategy was a positive offer for infrastructure development around the..
source: The Guardian - 01.12.2021