Since 2015, Europort-Lorraine has planned to develop rail transportation from China. A test convoy had left Chengdu on July 13, 2018, but this line needs improvements.
On May 30 2018, a roundtable entitled “Capacity Building for Infrastructure Development in Emerging Economies” was co-organised by Dialogue of Civilizations Research Institute and T20.
Angela Merkel traveled to China for a state visit on May 2′-25, 2018. This is the eleventh time that Angela Markel goes to China.
According to the German newspaper Handelsblatt, 27 of the 28 European ambassadors to Beijing released a report warning their respective governments about the Chinese project of the new Silk Roads, highlighting its possible lack of transparency and criticizing the predominance of Chinese interests in this project.
Siemens, the German high tech giant has decided to join the BRI. In late March 2018, Siemens opened a special office dedicated to the “Belt and Road initiative” in Beijing.
From this office will be organized all BRI projects in which Siemens participates, whether in China or in the other states along the new Silk Road.
European companies show strong willingness to participate in the BRI; it is now up to European governments to support this trend and promote trade between Europe and Asia.
On May 30, 2017, on the eve of the arrival of Chinese Premier Li Keqiang in Europe for an official visit, Deutsche Bank, the largest German bank, announced that it had reached an agreement with the Chinese bank “China Development