It has been seeing that after inaugural of china's belt and road initiative in 2013, China emerged as economically powerful State and influencing the european affairs, mainly in eastern and central Europe. greece and serbia are two most important countries where china made huge investment. Greece economy had crashed in 2014 for taking too much loans which they couldn't be able to repay back. Europe came up with bailout package but it didn't work for Greece economy as Greece needed investment rather so the, finally, china approached with investment to buy Greece port piraeus in south of Greece to increased its share upto 67 percent.
China gain something more to investing in Greece than Greece itself gain because US has been critical to china, after the trump administration took the power and even provide the investment to those countries which has been considered as a foe by china, such as India, Japan, Australia and Taiwan. more interestingly, mike Pompey, secretary of state calling Chinese president;
general secretary of chinese communist party leader. for That reason china countering the America's thwart that endanger the china's interest in the region as well as it's sovereignty.
CHANGING OF US FOREIGN POLICY IN EUROPE
US has repeatedly warned the greece to wean itself to establish ties with the china but Greece seemed turned it's deaf aer to US warnings as greece itself Having no option other than seek chinese investment. on the other hand after the greece and serbia fall in the hands of china, Europe has divided to criticise china's policy in comman front whether it was uighur muslims issue or taiwan expedition bil european countries aren't yet unable to stand up against china regarding these issue.
BELT AND ROAD INITIATIVE
belt and road initiative, ancient old silk road that supposed to be connected with more than sixty nations including many European nations such as Italy and Greece. to maintain these countries chinas stake at sure it will definitely need china to expand more relation with Europe.
WHAT WILL THE IMPACT OF PAKlSTAN
pakistan's exports to USA and Europe are more than any other countries and pakistsn enjoy surplus when trading to these countries. if china's relations with USA further deteriorated it will definitely be difficult for pakistan to mantian the balanced equation with both as pakistan already knows more inclined to china's ambit. it will be good for Pakistan that both economically have maintan stable relations.
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