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China's Billions Help Xi Make Useful Friends in Eastern Europe

(Bloomberg) It’s 10 a.m. and the high-speed train leaves Belgrade’s new, glass-and-steel station right on time. Thirty-six minutes later it pulls into Serbia’s northern city of Novi Sad, the first completed section of a 350 kilometer-long (217 mile) upgrade going up to Budapest in Hungary.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount Stak ....

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€500 Billion Enriches and Divides Europe's Former Communist East

(Bloomberg) Zakovce in eastern Slovakia is the definition of a backwater. Yet as part of the European Union, its sidewalks are new, its sewage system works and nearby factories churning out auto parts and appliances helped more than halve the unemployment rate in the region.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsUS Warns ICC Acti ....

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