søndag 14. juli 2024

NATO allies are discussing reclaiming some Chinese-owned infrastructure in Europe

NATO officials are discussing taking action to reclaim some Chinese-owned infrastructure projects in Europe should a wider conflict with Russia break out in the east of the continent, three officials involved in the discussions told CNN. A decade ago, when Europe was still crawling out of the economic crater caused by the global financial crisis, the promise of infrastructure funding from Chinese-owned investment firms seemed like a major windfall.

Now, with the largest land war being waged in Europe since World War II – and the West warning of Beijing’s support of Russia’s invasion of Ukraine – NATO countries now see those investments as a liability, with allies beginning to discuss ways to reclaim some of those projects, the officials said.

The fear, according to one US official, is that Beijing could use the infrastructure it owns in Europe to provide material assistance to Russia if the conflict were to expand. The goal, officials said, is to figure out a path forward well in advance of any potential conflict.