Today news
About the same in other media
EU launches €300bn fund to challenge China’s influence
Reading now: 682
The EU’s plan to invest €300bn (£255bn) in global infrastructure will be better than China’s belt and road initiative, the European Commission president has said, as she announced a strategy to boost technology and public services in developing countries.
Ursula von der Leyen said the EU’s global gateway strategy was a positive offer for infrastructure development around the world and based on democratic values and transparency.
China’s belt and road initiative, often described as a 21st-century silk road, has enabled Beijing to extend its international influence by investing in more than 70 countries, accounting for half the world’s population and a quarter of GDP. Forecast to cost up to $1.3tn, it has helped countries in Asia, Africa and
Read more on theguardian.comAbout this in other media
Ray Dalio’s Bridgewater raises $1.25bn for China-based fund fnlondon.com /2 years ago
India to ban private cryptocurrencies and launch official digital currency theguardian.com /2 years ago
Jamie Dimon jokes JPMorgan will ‘last longer’ than China’s ruling party but cautions over Taiwan intervention fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
