Translation Tag: Central and Eastern Europe
On the 10th anniversary of the erstwhile 17+1 (now 14+1) cooperation mechanism between China and Central and Eastern European (CEE) countries, scholars at Fudan University and invited experts on Europe examine the state of the mechanism and prospects for the future. The scholars argue that the cooperation mechanism has served China’s strategic interests; for example, one scholar argues it has usefully promoted the “friendly attitude of Hungary and other countries towards China.” However, many of the experts assert that CEE countries have experienced a “gap between their expectations and reality” for the mechanism, and as a result, China should consider boosting investment and trade with these countries in order to improve the value proposition for them going forward.