12/1/2021, 12:45 PM (Source: TeleTrader)
more TeleTrader news

Von der Leyen praises €300B plan to counter China

European Commission President Ursula von der Leyen (pictured) asserted on Wednesday that the European Union's €300 billion investment plan will offer people "a true alternative" to China's so-called Belt and Road Initiative.

Von der Leyen addressed the press, pointing out that the "countries [...] need better and different offers" than the one put forth by Beijing.

"Global Gateway will support the green and digital transitions globally, with up to €300 billion mobilised by 2027," she wrote in a tweet shortly after.

Baha Breaking News (BBN) / BU