: :inin Kyiv (EET)

China steps up plan for new export corridor into Europe


Belgrade (AFP) – Chinese Prime Minister Li Keqiang met central and eastern European leaders Tuesday in a summit to cement Beijing’s plans for a new transport network to funnel exports into Europe.The two-day meeting in Belgrade gathering prime ministers from 16 states had infrastructure and transport top of the agenda.Beijing hopes to turn the Greek port of Piraeus — where the Chinese shipping giant Cosco has a 35-year concession to hugely expand its two container terminals — into a new hub for trade with Europe. Despite being hit hard by the economic crisis, Greece still has the world’s largest merchant …read more

Source: Business Insider

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