Added on : 2018-02-19 19:04:46
Several European nations are reportedly keen to restrict China’s economic-centric geopolitical advance via the multi-billion dollar One Belt One Road (OBOR) initiative over concerns about Beijing attempting a takeover of sorts of the region. According to an article written by a Pakistan based independent journalist and analyst for the China Policy Institute, Germany, France and Italy are already preventing what they see as a “proverbial Chinese takeover” of Europe, raising fears this could lead to a break-up of the European Union in the not too distant future. China’s focus on Eastern Europe is also a matter of concern to countries in that region. It is now being acknowledged that a great deal of Chinese investment is coming into eastern Europe in terms of infrastructure development, but a significant portion of this is reportedly being reserved for acquisitions, largely because prices for acquisitions are lower and concessions for Chinese investments are high.