About the Book: The Silk Road Trap How Chinas Trade Ambitions Challenge Europ:
How Chinas Trade Ambitions Challenge Europe
For almost two decades, China has claimed that its expanding economy benefits
Europe, stimulating European growth, exports, and employment. But the reality is
not so clear-cut. Whilst individual companies may have profited from Chinas
economic rise, unbalanced trade with China has actually cost Europe over 1.4
trillion euros in the last ten years as well as undermining its political
influence. Chinas monumental infrastructural project, the Belt And Road
Initiative or New Silk Road as it has come to be known-is set to make this
situation even worse. The