In Battle for Global Sway, China Showers Money on Europe's Neglected Areas

By Tom Fairlessabout 1 month ago

DUISBURG, GermanyThe struggle between the U.S. and China for global influence has come to Europes gritty industrial backwaters, where China is steadily co-opting local economies starting with their railroads.

China overtook the U.S. as the European Unions biggest trading partner for goods last year, a historic turning point driven in part by Europeans hunger for Chinese medical equipment and electronics during the Covid-19 pandemic.

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Increasingly, those goods are arriving in Europe through a new trade corridor consisting of railroads, airport hubs and ports built with Chinese support, often as part of Chinas Belt and Road Initiative, the giant global infrastructure effort aimed at binding China more closely to the rest of the world.

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