In November 2019, the USA, Japan and Australia launched the Blue Dot network. Can this new initiative compete with China’s Belt and Road?
The Australian state of Victoria in the BRI In October 2018, Australia’s Victoria state officially joined the BRI. Victoria’s prime minister Daniel Andrews and Cheng Jingye, the Chinese ambassador to Australia, signed a memorandum of understanding related to the BRI.
Australia, the United States, India and Japan are reportedly discussing the formation of a competing project for China’s Belt and Road initiative. The best option for the EU is to join China’s Belt and Road Initiative to better protect its interests.