WebJan 10, 2024 · China believes it should rule the world, so of course it thinks it has every right to control the Mediterranean. In a few years, it will do so, if we extrapolate even just a little. ... We start in Greece. The port of Piraeus is the anchor, the centerpiece, of the Chinese presence in the Med. China Ocean Shipping Company, better known as COSCO ... WebJun 14, 2024 · The port is at a strategic location between the Asian and European continents. But China has made a number of different major investments in Greece, …
Greece may be all set to kick China out of its prized Piraeus port
Since Cosco bought into Piraeus, the Chinese state-owned company's ships have brought more and more goods to the port, and it has now become one of the most important transshipment hubs in the Mediterranean. This isn't a problem for other Greek ports, as they don't compete with Piraeus. It has, however, … See more In Piraeus, majority shares in the port were sold to Cosco: its initial 51% was later increased to 67%. The Chinese shipping company can therefore decide the future of the port. … See more According to the professor from Piraeus, clear rules are needed. Certain conditions must be included in the concession contracts to prevent national security, and that of the EU, being jeopardized. The guidelines for … See more At the start of this century, Europe only had one magic remedy for solving economic problems: privatizing infrastructure. Everything was for sale: ports, airports, water and energy supplies. This was also true in … See more WebJun 9, 2024 · Greece is determined to build on the success of the Chinese presence in Piraeus port, with the Greek government continuing with unfaltering commitment to … easter online liveworksheets
Concerns Grow Over China
WebOct 5, 2024 · Greece is a case in point: After China invested in and acquired much of the port of Piraeus, Greece blocked an EU statement criticizing China's human rights record at the UN. A Greek foreign ... WebDec 11, 2024 · VIEWS. “They sold this place to China and Russia.”. This is what some locals reportedly feel around the Greek Port of Piraeus, which is a 20-minute drive away … WebJul 16, 2014 · China’s interest in Greece is focused on a truly strategic asset – control over the port of Piraeus. China has a systematic approach to foreign commerce. Its officials regularly visit countries, to soften them up. How the upcoming privatization round in the Eurozone crisis helps China expand its foothold in Europe. easter on march 26