Category: Global Gateway

EU Launches $340 Billion ‘Global Gateway’ Program to Counter China’s Belt and Road

December 1, 2021
Asia & PacificBelt and RoadBusiness & EconomyeconomyEuropeGlobal GatewayinfrastructureInvestmentWorld
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The European Union has rolled out a plan to invest hundreds of billions of dollars in global infrastructure projects under the “Global Gateway” program, seen as a counter to China’s controversial Belt and Road Initiative (BRI) that has been criticized as a vehicle for expanding Beijing’s influence around the world. The European Commission (EC), the…

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Can a Weakening EU Really Challenge China?

October 18, 2021
BRIevergrandeGlobal Gatewaygrowth forecastOpinionThe European UnionThinking About ChinaViewpoints
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Commentary The European Union recently announced the launch of “Global Gateway,” a bold project designed to compete with China’s Belt and Road Initiative (BRI). I use the word bold intentionally. After all, the effects of China’s BRI (also known as “One Belt, One Road”)—a global infrastructure expansion strategy adopted by the Chinese Communist Party (CCP)…

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