EU global investment plan a \”true alternative\” to China\’s – EU exec

EU global investment plan a
© Reuters. FILE PHOTO: President of the European Commission Ursula von der Leyen rings the bell at the beginning of the College of Commissioners in Brussels, Wednesday, Dec 01, 2021. Olivier Matthys/Pool via REUTERS

BRUSSELS (Reuters) – The European Union\’s plan to invest 300 billion euros globally in infrastructure is a true alternative to China\’s Belt and Road initiative and a better offer, European Commission President Ursula von der Leyen said on Wednesday.

\”Indeed, countries … need better and different offers (to China\’s initiative),\” von der Leyen told a news conference.

\”It is a true alternative,\” she said.

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