China's Xi to visit Europe amid disquiet over Belt and Road Initiative, Huawei

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BEIJING (AFP) - Chinese President Xi Jinping heads to Europe on Thursday (March 21) as the continent is divided over his cherished Belt and Road trade infrastructure project and under US pressure to shun telecom giant Huawei.. Read more at straitstimes.com.

BEIJING - Chinese President Xi Jinping heads to Europe on Thursday as the continent is divided over his cherished Belt and Road trade infrastructure project and under US pressure to shun telecom giant Huawei.

China has financed maritime, rail and road projects in Asia, Africa and Europe through BRI, but critics warn that it mainly benefits Chinese firms while setting up a"debt trap" in financially vulnerable countries. French President Emmanuel Macron said EU countries should have a"coordinated approach" to Beijing and urged for cooperation based on the"spirit of equality reciprocity".

Beijing has been eyeing investment in the Italian ports of Trieste and Genoa that offer easy access to Europe's markets, Giuliano Noci, a China expert at Milan Polytechnic business school, told Agence France-Presse. Meeting EU foreign ministers in Brussels on Monday, China's top diplomat Wang Yi lashed out at"abnormal, immoral" attacks on Huawei.

 

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