Spain deepens ties with China amid EU concerns
The European Commission says the EU's trade imbalance with China has reached EUR 1000000000 per day.
Spain is pursuing closer economic and political relations with China, including Chinese investment in manufacturing and infrastructure. Critics in Europe warn that the approach could weaken EU economic and security interests.
Claims
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- 1BEUR
The European Commission says the EU's trade imbalance with China has reached EUR 1000000000 per day.
“the European Commission claims have reached a whopping €1bn (£850m) a day”
- 13,000km
The freight rail link between Yiwu and Madrid is more than 13000 km long.
“It runs over 13,000km (8,000 miles) between Yiwu in eastern China and Madrid”
- 2times
AllegedVictor Cortizo said Chinese investment in Spain doubled over the previous year.
“Chinese investment in Spain has doubled over the last year alone.”