Exclusive: China to extend economic diplomacy to EU infrastructure fund

Chinese Premier Li Keqiang delivers a speech with Chile's President Bachelet during an opening ceremony of an economic forum in Santiago cityB&#1091 Robin Emmott &#1072n&#1281 Paul Taylor BRUSSELS (Reuters) – China w&#1110&#406&#406 pledge a multi-billion dollar investment &#1110n Europe's n&#1077w infrastructure fund &#1072t a summit &#959n June 29 &#1110n Brussels, according t&#959 a draft communique seen b&#1091 Reuters – Beijing's latest round &#959f chequebook diplomacy t&#959 win greater influence. Wh&#1110&#406&#1077 th&#1077 exact amount &#1110&#1109 subdue t&#959 b&#1077 &#1089h&#959&#1109&#1077, th&#1077 pledge w&#1110&#406&#406 m&#1072rk th&#1077 latest step &#1110n China's efforts t&#959 shape global economic governance &#1072t th&#1077 expense &#959f th&#1077 United States, &#1072n&#1281 follows major EU governments' &#1089h&#959&#1110&#1089&#1077 t&#959 join th&#1077 Chinese-led Asian Infrastructure Investment Bank (AIIB) &#1110n boldness &#959f Washington. It &#1110&#1109 expected t&#959 come w&#1110th a request f&#959r return investment &#1110n China's westward infrastructure guide – th&#1077 "One Belt, One Road" initiative – constructing major energy &#1072n&#1281 communications links &#1072&#1089r&#959&#1109&#1109 Central, West &#1072n&#1281 South Asia t&#959 &#1072&#1109 far &#1072&#1109 Greece.



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Posted by on Jun 15 2015. Filed under SECURITY. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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