The 9th #China-#CEE (virtual) 17+1 summit was just concluded.
Beijing's biggest success is that it has proved that 17+1 is not dead. Yet it didn't manage to attract all CEE leaders, despite Xi Jinping's appearance and 🇨🇳 MOFA's desperate actions. (1/4)
Beijing's biggest success is that it has proved that 17+1 is not dead. Yet it didn't manage to attract all CEE leaders, despite Xi Jinping's appearance and 🇨🇳 MOFA's desperate actions. (1/4)
Xi's speech focused on vaccines (only Serbia and Hungary mendioned though), green development & Paris Agreement (eyewink to Brussels). Vague pledges on more foodstuffs imports from CEE, $170bn 5 year import pledge not very credible. No major breakthroughs, definetly. (2/4)
Sectorial co-op will proceed, but that's mostly old wine in new bottles (customs clearance, health, connectivity). Same with Xi's 'flagship projects' (Belgrade-Budapest, Piraeus, Peljesac). No new pledges on development finance, the BRI has apparently stalled in CEE. (3/4)
Little chance for this summit to stop the deterioration of relations with CEE (econ. co-op stalled, wolf warrior conflicts, US pressure). Certainly won't derail CEE-US regional co-op. Also, unlike 🇩🇪🇫🇷-led #CAI, no tangible additional influence gained in the EU by Beijing (4/4)
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