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Al Jazeera
Al Jazeera
World
Tim Gosling

Czech Republic eyes exit from China’s 16+1 investment club

China Czech Republic Jan Lipavsky Beijing Milos Zeman Prague Al Jazeera Petr Fiala Lithuania CEE
Czech President Milos Zeman, back left, and Chinese President Xi Jinping, back right, attend a signing ceremony at the Great Hall of the People in Beijing [File: Jason Lee/Pool Photo via AP]

Prague, Czech Republic – The Czech Republic is considering an exit from China’s 16+1 investment platform for Central and Eastern Europe (CEE).

The move could be a boost for the government’s pledge to reassert Prague’s Western orientation, but it also risks political and economic blowback from Beijing.

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