Lack of transparency in China’s Belt and Road projects: EU firms

Beijing: A lack of information and transparency are top barriers for European companies seeking involvement in China’s Belt and Road Initiative, according to a survey published Thursday by the European Union Chamber of Commerce in China.

Only 20 out of 132 firms polled said they have bid for projects related to the BRI, a massive global network of ports, railways, roads and industrial parks spanning Asia, Africa, the Middle East and Europe.