Showing posts with label European Union; China; Asia Connectivity Strategy. Show all posts
Showing posts with label European Union; China; Asia Connectivity Strategy. Show all posts

Wednesday, September 26, 2018

EU Launches Asia Strategy To Rival China’s ‘New Silk Road’

No longer the only game in town
As doubts grow over China's vast "Belt and Road" trade infrastructure project, the EU is launching an alternative plan for Asia that it says will not saddle countries with debt they cannot repay.
Sri Lanka is a key link in the 'new silk road' but fears over a debt trap are growing