South China Morning Post: 1 year on, EU alternative to China’s belt and road fails to deliver

“A recent gala event held in the metaverse to explain the Global Gateway concept to 18-35 year olds was lampooned online after just a handful of users logged on – despite the EU forking out €387,000 to host it.”

  • Global Gateway has delivered little in concrete projects, while confusion reigns in Brussels and beyond about the initiative
  • Up to US$318 billion was promised to build infrastructure in Africa and Asia but it is unclear how much has been disbursed

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