The Prime Minister visits Beijing

Unusually among Western countries, Greece has shown little hesitation in furthering its relationship with China, both economic and cultural and in the field of tourism. The acquisition of the port of Piraeus by the Chinese company COSCO, which owns a majority share in the operating company and runs the port in return for an annual payment of €100 million to the Greek government, has been a success. COSCO has expanded the port’s handling facilities, enacted staffing efficiencies and tripled container throughput.

Continue reading