This new report by the Rhodium Group and Mercator Institute for China Studies takes stock of Europe’s toolkit for responding to market distortions spilling over from growing Chinese investment and other commercial linkages with Europe.
This week, 16 Central and Eastern European (CEE) heads of state gather with Chinese officials in Hungary for the sixth meeting of the “16+1” format. Created in 2012, the “16+1” has gathered extensive attention in the EU, as a Chinese diplomatic initiative neither directed towards Brussels nor (officially) toward single member states.
“I really like China” a diplomat told us a few months ago, “they are the only ones around with a plan for the 21st century.” That plan – China’s Belt & Road Initiative (BRI) – has, however, raised ample concern, from Asia all the way to the Berlin and Washington.