China and Europe are getting closer and closer together when it comes to business...but nothing shows it more clearly than this: a mega railway project designed to connect Europe and China directly. Hungary is already helping in the planning.
As the world prepares to tackle trade tensions and tit-for-tat tariffs, the summit between leaders of China and Central and Eastern European nations offers a chance for Beijing to present itself as a free trade champion.
The first freight train linking China directly to the UK has arrived in the eastern Chinese city of Yiwu. It is part of China's drive to strengthen trade links with western Europe along a modern-day 'Silk Road.'
At the 16+1 summit in Hungary, China further expanded its influence in Eastern and Southeastern Europe. The EU is allowing Beijing to undermine the bloc, DW's Frank Sieren writes.
European firms could miss out on China's $900 billion infrastructure initiative, warns a leaked report by EU diplomats. It said the New Silk Road trade corridor has the potential to disadvantage and even divide the bloc.
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