China pledges to increase trade with CEE countries

China pledged on Friday to increase trade with Central European countries and provide more financial support for major cross border infrastructure projects to promote regional cooperation.
The area is key to China's Belt and Road Initiative, which aims to link China by sea and land with Southeast and Central Asia, the Middle East, Europe and Africa, through an infrastructure network on the lines of the old Silk Road.
"We hope that ... cooperation (with Central and Eastern European countries) will bring China closer to the European Union," Prime Minister Li Kequianq said at a summit in the coastal Croatian town of Dubrovnik.
Chinese companies have been active in the Balkans for several years, helping build roads, bridges and other infrastructure. However, construction of the Peljesac bridge in Croatia marks the first time it has undertaken such a project within the EU...

Continue reading on: