H☆Mさんの おぼえた日記 - 2018年5月26日(土)

[Eastern Europe eyes Chinese investment] -Lesson 7 / English in Today's World-

China has announced plans for massive investment in infrastructure projects in Central and Eastern Europe. It is part of Beijing's "One Belt, One Road" initiative to create an economic zone stretching from Asia to Europe.

Premier Li Keqiang met with leaders from 16 Central and Eastern European nations in the Hungarian capital, Budapest. Hungarian Prime Minister Viktor Orban unveiled plans to modernize a railway from Budapest to the Serbian capital, Belgrade.

He said the project will use loans and high-speed rail technology from China.
"For this region to develop, it will require external technological and financial contributions," Orban told a news conference. "European funds are not enough, so we very much welcome China's participation."

Premier Li indicated China's willingness to inject funds into the countries' economies to help them industrialize.

Analysts say that struggling European nations are eager to draw investment from China. China has pushed for global leadership while the United States and the European Union are preoccupied with domestic problems. (2017/11/28, NHK World)


[Discussion]



◆見出し[Eastern Europe eyes Chinese investment]
=Central and Eastern European nations are eager to draw investment from China.


[words and phrases]
-[loan] 借款
-[inject] 投入する、注入する、注射する
-[be preoccupied with-]～で心が占められている/で頭がいっぱい/で手一杯である