Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

China investment must not undermine EU joint policy, warns Merkel

Published 02/27/2018, 08:29 AM
Updated 02/27/2018, 08:31 AM
© Reuters. German Chancellor Merkel and Serbia's President Vucic address news conference in Berlin

BERLIN (Reuters) - European Union member states that participate in Chinese government-led infrastructure initiatives should be aware of the risk of undermining the bloc's common foreign policy stance toward China, German Chancellor Angela Merkel said.

Speaking at a joint news conference with Serbia's President Aleksandar Vucic, she said there was nothing intrinsically wrong with China's role in projects like the construction of a railway between EU member Hungary and Serbia, part of the Chinese-led "16+1" initiative involving 16 mostly poorer member states.

"I see great value in EU members who participate in this initiative also representing our common foreign policy toward China, because otherwise the EU would be allowing itself to be divided against itself," she told reporters on Tuesday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.