China’s European Games: Chinese Investments in Central and Eastern Europe


Source: diplomatist.com diplomatist.com

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In 2012, an idea envisaged somewhere in the corridors of China was finally turned into a reality. Twelve EU member states and five Balkan states – Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Macedonia, Montenegro, Poland, Romania, Serbia, Slovakia and Slovenia came together and along with China formed the “17 + 1” with an aim to expand cooperation between Beijing and the CEE (Central and Eastern Europe) member countries, with investments and trade for the development of the CEE region. The framework also focuses on infrastructure projects such as bridges, motorways, railway lines and...