European banks and companies may be interested in participating in China's major globe-spanning investment initiative — but first, they need to actually learn more about its details, according to a top European Union official.
The worries about the financing approaches of the initiative come in the wake of several countries canceling or seeking to renegotiate their Belt and Road projects because of concerns about establishing onerous debt to Chinese sources. Notably, Sri Lanka relinquished a strategic port to Beijing in 2017 after it couldn't pay off its debt to Chinese companies."I believe will solve them to the satisfaction of European companies, to the financing side of these deals," he said.
While the EU pursues that angle, Washington is taking a decidedly different approach: It didn't send a delegation to this week's Beijing forum because it has regularly expressed concerns about Xi's signature initiative.
Great work Maros Sefcovic !
3rd party secret heist¡ng?
омск300 Roubel ✔ЕС,Великобритании и США нужно показать пример борьбы против Режима Кремля,где Путин&Медведев тихо утирая сопли друг другу обманываю всех'морковкой'в виде газа и нефти,тем самым продлевая себе время для очередных провокаций✔Тогда не только Китай поверит Вам.
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