China Faces European Obstacles as Some Countries Heed U.S. Pressure
Some European countries are starting to block Chinese involvement in their economies, drawing closer to positions advocated by the U.S. amid growing anxiety in Europe over China’s increasingly aggressive geopolitical posture.
Romania and Lithuania are taking broad measures to exclude Chinese companies from certain public procurements. Slovenia, Croatia, the Czech Republic and Romania have suspended public tenders involving Chinese companies for work on nuclear-power plants, highways, rail lines, security scanners and a shipping-container terminal. Greece is debating whether to allow a Chinese shipping company to increase its majority stake in the country’s largest port.
The shift is largely taking place in smaller European countries, adding to tensions within the European Union, where big countries still largely favour maintaining business links with China.
Source: WSJ #Feb23
https://www.wsj.com/articles/china-faces-european-obstacles-as-some-countries-heed-u-s-pressure-11614088843
#China #EastEurope #EU #ChineseInvestment #BRI
Some European countries are starting to block Chinese involvement in their economies, drawing closer to positions advocated by the U.S. amid growing anxiety in Europe over China’s increasingly aggressive geopolitical posture.
Romania and Lithuania are taking broad measures to exclude Chinese companies from certain public procurements. Slovenia, Croatia, the Czech Republic and Romania have suspended public tenders involving Chinese companies for work on nuclear-power plants, highways, rail lines, security scanners and a shipping-container terminal. Greece is debating whether to allow a Chinese shipping company to increase its majority stake in the country’s largest port.
The shift is largely taking place in smaller European countries, adding to tensions within the European Union, where big countries still largely favour maintaining business links with China.
Source: WSJ #Feb23
https://www.wsj.com/articles/china-faces-european-obstacles-as-some-countries-heed-u-s-pressure-11614088843
#China #EastEurope #EU #ChineseInvestment #BRI
WSJ
China Faces European Obstacles as Some Countries Heed U.S. Pressure
Some European countries are starting to block Chinese involvement in their economies, drawing closer to positions advocated by the U.S. amid growing anxiety in Europe over China’s increasingly aggressive geopolitical posture.