Seems Like Building an Alternative to China’s BRI is the Thing to Do. Now, the EU and India Want to Give It a Try.

The European Union and India are reportedly in talks to develop a new partnership to build infrastructure around the world in an effort to provide an alternative to China’s Belt and Road Initiative.

If this sounds familiar, well, it is. U.S. President Joe Biden raised the same idea with UK Prime Minister Boris Johnson during a phone call earlier this month and the issue was also reportedly raised during Japanese Prime Minister Yoshihide Suga’s visit to the White House last week.

The EU-India plan, reports the Financial Times, would not be branded as anti-Chinese per se but rather would be positioned to offer developing countries in Africa and Asia with a competitive alternative to China’s financing and construction offers through the Belt and Road Initiative.

Read more on this story on the Financial Times website.

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The post Seems Like Building an Alternative to China’s BRI is the Thing to Do. Now, the EU and India Want to Give It a Try. appeared first on The China Africa Project.



source https://chinaafricaproject.com/2021/04/22/seems-like-building-an-alternative-to-chinas-bri-is-the-thing-to-do-now-the-eu-and-india-want-to-give-it-a-try/

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