China's Xi Jinping visits Europe; Ukraine, trade and investment are likely to top the agenda

French President Emmanuel Macron, left, shakes hands with Chinese President Xi Jinping after meeting the press at the Great Hall of the People in Beijing, Thursday, April 6, 2023. Xi will start his Europe tour in Paris on May 6-7, …TAIPEI, Taiwan — Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping’s first trip to Europe in five years, as the Asian giant rebuilds its foreign relations after a prolonged absence during the Covid-19 pandemic.

The Chinese leader will arrive in France just as Paris is putting the finishing touches on its preparations for hosting the Summer Olympics, an event in which China invests huge amount of national prestige. “This is a highly strategic visit to Europe by Xi. And in his itinerary you can divine the runes of Chinese policy on Europe now, bolstering the traditional links as far as possible, and reinforcing new ones,” Brown said.

Hungary is the first EU member to participate in Xi’s signature Belt and Road Initiative that seeks to build billions of dollars of roads, ports, power plants and other infrastructure across Asia, Africa and beyond. In 2014, Hungary and Serbia concluded an agreement with Beijing to modernize the railway between their capitals of Budapest and Belgrade, part of a Belt and Road plan to link up with the Chinese-controlled port of Piraeus in Greece, to the south, an entry point for Chinese goods to Central and Eastern Europe.In Serbia, Xi will hold talks with President Aleksandar Vucic, with whose government China has built strong relations.

Source: News Formal (newsformal.com)

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