BUSINESS
EU wil Chinese invloed met miljarden het hoofd bieden
December 1, 2021 - The European Union on Wednesday unveiled a multibillion-euro global investment plan that is widely seen as a rival to China’s Belt and Road Initiative.
The programme will invest up to 300 billion euros ($340 billion) globally by 2027 in infrastructure, digital and climate projects as a better alternative to China’s strategy, Reuters said.
European Commission President Ursula von der Leyen said the so-called “Global Gateway” scheme should become a trusted brand.