A small number of European companies in China are involved in BRI, the EU Chamber of Commerce in China said in a survey of its members released yesterday in Beijing, with transparency topping the list of challenges European companies face. A slightly larger number of European companies have seen positive knock-on effects through access to new logistics options and increased trade flows with countries hosting projects, it said. Given the initiative’s scale, most respondents referred to their level of involvement as “crumbs from the table,” the report said. While it has advocated for the program to be more open, the chamber said it was not yet an inclusive, open global initiative. About a quarter of respondents indicated that the BRI was changing, trending toward improvement rather than worsening across various aspects of the initiative.
