Triple block (Serbia vs China, Grand Prix 2017)
China is playing an increasingly active role in Serbia, part of its expansion in Central and Eastern Europe.
Despite a renewed interest on Beijing’s part, China’s relationship with the European Union encountered a number of setbacks in 2018, the latest being the tightening of foreign direct investments by the European Commission. In December, Europe’s strongest economy, Germany, made it even harder byestablishing new rules against foreign acquisitions of German companies in technology.
China Plans To Take Over The World
In the Balkans, just outside the EU, China is enjoying a different experience. A non-EU member, Serbia claims to have become one of China’s best friends in Europe. Beijing has engaged in a number of massive projects in the Balkans, although the most high-profile one, the Belgrade-Budapest high-speed railway, has failed to materialize so far…
To read more visit The Diplomat.
