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EU launches ‘Global Gateway’ to counter China’s Belt and Road | Source: Politico

The European Union will launch “Global Gateway” as a scheme to compete with China’s Belt and Road Initiative — the massive, geopolitically influential network of infrastructure and transport investments that Beijing uses to link its exporters to western markets. The priority would be for the EU to discuss connectivity projects with Africa during a regional summit in February. China has been criticized by the West for extending its strategic reach and creating debt dependence through its multibillion-dollar infrastructure and investment scheme.

Source: Politico


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