How the US-China competition is playing out in Romania

There is an old myth in Romania that during the communist era, dictator Nicolae Ceaușescu systematically avoided developing infrastructure in the eastern part of the country because he feared a Soviet invasion. Today the tension between connectivity and security is playing out in a different way. The problem of critical infrastructure was highlighted recently [...]

By | 5 November 2019|Categories: Articles|Tags: , , , , , , |0 Comments

How China blew its chance in Eastern Europe

When it was launched by China and 16 countries from Central and Eastern Europe in 2012, the 16+1 mechanism sparked hope throughout the region that it could close the investment gap. The figures being bandied about were huge in 2012. Then-Chinese Premier Wen Jiabao announced a $10 billion credit line for Chinese investments in Central and [...]