EU Introduces Program to Fight Chinese Regime’s ‘Debt-Trap Diplomacy’

EU Introduces Program to Fight Chinese Regime’s ‘Debt-Trap Diplomacy’
European Commission President Ursula von der Leyen delivers a speech during a debate on "The State of the European Union" as part of a plenary session in Strasbourg on September 15, 2021. YVES HERMAN/POOL/AFP via Getty Images
Emel Akan
Updated:

The European Union announced on Sept. 15 that it’s introducing a new investment program called “Global Gateway” to rival China’s controversial development program, the Belt and Road Initiative (BRI), which has saddled many poor nations with heavy debt loads.

In her State of the Union speech, European Commission President Ursula von der Leyen said the new program would be “a template” for Europe’s future investments and projects around the world.
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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