China’s Belt and Road initiative could benefit the European Union and other global partners. But as this technical analysis from researchers Steven Blockmans and Weinian Hu shows, the EU has warily heightened its vigilance with respect to Chinese foreign direct investment in the euro area. The risk is that such caution could lead to protectionism rather than economic collaboration. Executives, investors and students of geopolitical affairs will find this an invaluable briefing.
In this summary, you will learn
How China is attempting to expand its economic influence;
Why the European Union is contesting China’s Belt and Road Initiative; and
Why cooperation between China and the EU is preferable to confrontation.
About the Authors
Steven Blockmans and Weinian Hu are with the Centre for European Policy Studies.