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

?The Belt and Road Initiative is President Xi Jinping's signature foreign policy project. [POOL/AFP / WANG ZHAO]

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.

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