Another EU country says it may join China's Belt and Road scheme

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Another EU country says it may join China's Belt and Road scheme
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Malta, a country in the Mediterranean that's part of the EU, has indicated there's a possibility that it could join China's Belt and Road infrastructure investment initiative.

Another European country is weighing the possibility of joining China's international infrastructure investment plan.

The Belt and Road scheme is meant to create a vast global network of land, sea and digital connections linking China with Southeast Asia, Central Asia, the Middle East, Europe and Africa. Critics say the unprecedented infrastructure plan will favor Chinese firms, boost Beijing's international influence and force developing nations to take on high debt burdens.

But there's much less support for Beijing's global investment push in the U.S. The White House has previously said Italy's potential involvement in the BRI could hurt its international reputation, according to the Financial Times. "One should not invite a fight, definitely not ... But on the other hand, as a region we are sovereign, we have our own interests and we should look at that first."

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

CNBC /  🏆 12. in US

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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