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Money News

Europe wants to join China "Belt and Road" plan but needs reciprocity - Merkel

German Chancellor Angela Merkel holds a news conference after a European Union summit in Brussels, Belgium March 22, 2019. REUTERS/Eva Plevier/File Photo

PARIS (Reuters) - German Chancellor Angela Merkel described China’s “Belt and Road” infrastructure plan on Tuesday as an important project that Europeans wanted to participate in but said it also demanded reciprocity from Beijing.

“We, as Europeans, want to play an active part (in the project) and that must lead to a certain reciprocity and we are still wrangling over that a bit,” said Merkel after talks with French President Emmanuel Macron, Chinese President Xi Jingping and EU Commission President Jean-Claude Juncker.

Via Berlin Newsroom; Writing by Madeline Chambers; Editing by Paul Carrel

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