EU plans global strategy to rival China
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The European Union has announced a massive global investment plan that is widely seen as a rival to China’s Belt and Road Initiative (BRI)
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European Commission President Ursula von der Leyen unveiled EU’s “Global Gateway” scheme to invest €300bn ($340bn) worldwide by 2027 in infrastructure, digital and climate projects
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CHINA’S BRI INFRASTRUCTURE PROJECTS, 2013-21

CHINA
Transaction value ($bn)
Over 10 5-10 1-5 0-1
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Top recipients of BRI projects ($bn)
Pakistan 27
Indonesia 20
Kazakhstan 12
Malaysia 8
Cambodia 7

BRI projects by sector ($bn)

Energy: 62 
Other: 17 
Communications 5 
Industry, mining and construction 37
Transport and storage 49 
Total 170


Note: BRI financial values are in constant 2017 US$ 
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Sources: AidData, Reuters Picture: Getty Images © GRAPHIC NEWS