Europe, EU, Eurozone, Geopolitics, Global Trade, Globalization, Global Disintegration, Types of News: Analysis
What Happens When China Buys Up Europe’s Ports?
China's Xi Jinping has a stake in developing relations with Greece and other countries in Central and Eastern Europe. Photo: Li Xueren/Xinhua
China's State-Owned Cosco To Buy Stake In Another European Port
November 2, 2022—Greece may be a pioneer and champion of democracy, but in the business of trade it owes a great deal to communist China. In fact, its largest port, Piraeus, is owned by a Chinese state-owned shipping company called Cosco Shipping.
That's the subject of a fine piece of reporting by Kaki Bali for Germany's DW, called "In Greece's Largest Port of Piraeus, China Is The Boss."
Bali looks at the implications on trade and geopolitics as China's Cosco buys up ports in Greece, Italy, Spain, The Netherlands and Brussels. Noting the modernization of the port and jobs, ...