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International relations

Prospects for China money in central and eastern Europe chill

Doubts about Beijing mount as Xi prepares to host 17+1 summit

President Xi Jinping will host this year's 17+1 summit in Beijing for China's central and eastern European investment partners, but observers see anti-Chinese sentiment rising among them.    © Reuters

PRAGUE -- Chinese President Xi Jinping recently decided to personally host April's 17+1 summit -- a cooperation initiative between Beijing and 17 states in Central and Eastern Europe. While his presence would ordinarily be seen as a sign of the venture's significance and vitality, China's relations with its European partners are not prospering so well.

The annual summit was begun in 2012 to promote China's relations with Europe and extend its signature Belt and Road Initiative (BRI). Along with China, it now includes 12 nations in the EU and five outside. Southern Europe's Greece also joined last year when Premier Li Keqiang was host. 

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