Trade continues to be the least problematic aspect of the EU-China economic relationship. The BRI offers potential trade gains for Europe by improving physical connectivity with countries along the route to China, but it also poses challenges for the EU. While Chinese investment in Europe is growing and has focused strongly on technology, it raises the question of whether the EU should fear losing its technological edge, especially when Chinese state-owned companies might distort competition through foreign acquisitions.
Over 65 participants from national administrations, international organizations, non-governmental organizations and the private sector discussed, over a number of sessions, the role of innovation in the sector and good practices that are helping develop the railways across the region.
Source: United Nations Economic Commission for Europe (UNECE)