Like its predecessors, China’s efforts at unifying Eurasia are driven by several factors: a desire to boost trade, a need to find new markets for firms struggling with overcapacity at home, and a desire to set the rules of the new Silk Road.
Dr. Christopher MillerRead More
China's latest "16+1" summit in Sofia Bulgaria perfectly captures China’s deceptive brand of multilateralism. Bringing together many countries, it gives the outward appearance of inclusivity and consensus-building, but beneath the surface, it is fundamentally different from the multilateral practices and institutions it claims to uphold. China has yet to offer the world deep multilateralism at scale.
"China has lavished investment pledges on Balkan states as it prepares for a summit with 16 EU countries and aspiring members, stoking fears in Brussels and influential national capitals of an effort to divide the bloc" reports the Financial Times, citing data collected in collaboration with the CSIS Reconnecting Asia Project.
This Friday China will gather 16 Central and Eastern European countries in Sofia, Bulgaria, for the annual China-Central and Eastern European "16+1" summit. As the gathering may help China build a bigger economic and political presence in Europe and exercise its power bilaterally under the cover of a multilateral veneer, it warrants more attention from Brussels and Washington.
The sheer scale and complexity of many infrastructure projects guarantee that disputes will arise. That’s why China is not only pushing projects overseas under its Belt and Road Initiative ...