On April 12, 2019, the Malaysian government announced that they agreed with China to resume the East Coast Rail link, a BRI project.
Greece joins the 16+1 format initiative gathering China and Central Eastern countries, Piraeus to become a major gateway for international trade.
On 9 April 2019, the 21st China-EU Summit was held in Brussels. The EU-China partnership is to make the world stronger, safer, and more prosperous.
After Italy, Luxembourg officially joined the BRI during Xavier Bettel’s visit to China. Luxembourg looks to become the financial gateway of the BRI.
Xi Jinping’s first visit in Monaco. Monaco may become a special hub for the digital silk roads and a showcase for Huawei’s 5G in Europe.
Italy’s undersecretary of state Michele Geraci stated that the BRI is a debt trap for Sri Lanka, Malaysia and maybe Pakistan!
After signing a MoU with Italy, Chinese President Xi Jinping traveled to France where he met with president Macron to discuss about EU-China cooperation.
Italy and China have just signed a a memorandum of understanding about the Belt and Road intiative. This is a first step towards EU integration in the BRI.
Wang Yi reaffirmed China’s commitment to the European partnership, and stressed that cooperation between the two regions is crucial for world stability.
Without coordination at the European level, the various connectivity projects between Europe and China are likely to compete with one another.