Friday, June 9, 2023
  • Donate
  • Newsletter
Russian Free Press
  • Home
  • All news
  • Russia
  • Ukraine
  • World
  • Tags
    • Navalny
    • Arrests and Attacks
    • Court
    • Kazakhstan
    • Coronavirus
    • Election 2021
    • Almaty
    • Putin
    • USA
    • Murders
    • Death
    • Rape
    • Germany
  • Special Projects
    • Stories
    • One year after
No Result
View All Result
Russian Free Press

The head of the European Commission criticized China’s investment initiatives at the G7 summit

May 20, 2023
in Daily News
Share on FacebookShare on Twitter

The head of the European Commission, Ursula von der Leyen, at the G7 summit, criticized the Chinese economic initiative "One Belt, One Road".

According to her, the COVID-19 pandemic and the side effects of the war unleashed by Russia in Ukraine, as well as the consequences of climate change, are affecting the global economy and especially the “global South”. Von der Leyen noted that the Chinese Belt and Road Initiative looked like a profitable and good proposal before. However, many southern countries that borrowed from China faced a debt crisis. At the same time, Russia can offer them "only weapons and mercenaries."

The head of the European Commission stressed that the countries of the global South are looking for alternative sources of funding and called on the G7 members and their partners to offer these states mutually beneficial investment initiatives. She named the Partnership for Global Infrastructure and Investment (PGII) as one of them.

In the communique of the G7 summit, the participating countries called on China to put pressure on Russia to withdraw troops from Ukraine and condemned Beijing's militarization of the South China Sea. The document also notes the intention to counteract China's illegal technology transfer practices.

In turn, the Chinese side called the provisions of the communique “untrue”, and accused the summit participants of “slander and attacks”. China also noted that the G7 countries ignore topics of concern to Beijing and allegedly "interfere in the country's internal affairs, including in connection with Taiwan."

Read also

“There is no big water”, “the animals did not drown”, “people do not want to evacuate”. Who and how lied about the flood in the Kherson region

June 9, 2023

Reuters: Kazakh President Tokayev will not attend SPIEF

June 9, 2023

The New York Times: American spy satellites recorded an explosion at the dam of the Kakhovskaya hydroelectric power station before its destruction

June 9, 2023

NATO troops may be stationed in Sweden before its official entry into the alliance, the country’s authorities said

June 9, 2023

Iceland suspends its embassy in Moscow

June 9, 2023

The Ministry of Emergency Situations has blocked access to Oleshki, where more than 600 people are left without water, food and medicine

June 9, 2023

RECOMMENDED NEWS

The Prosecutor General of Russia signed orders on the establishment of prosecutor’s offices in the “DPR”, “LPR”, Zaporozhye and Kherson regions

7 months ago

Putin signed a decree on the state information…

7 months ago

Died mathematician Yuri Manin

5 months ago

The head of the Cypriot Orthodox Church, Archbishop…

7 months ago

Newsletter

Be the first to get the news in the Telegram newsletter!

  • About
  • Contact
  • Privacy
  • Cookie
  • Terms
  • Donate
  • Advertise
  • Sitemap
contact@russianfreepress.com

© 2022 Russian Free Press - Honest news about Russia and the whole world.

No Result
View All Result
  • Home
  • All news
  • Russia
  • Ukraine
  • World
  • Tags
    • Navalny
    • Arrests and Attacks
    • Court
    • Kazakhstan
    • Coronavirus
    • Election 2021
    • Almaty
    • Putin
    • USA
    • Murders
    • Death
    • Rape
    • Germany
  • Special Projects
    • Stories
    • One year after

© 2022 Russian Free Press - Honest news about Russia and the whole world.