Wednesday, May 31, 2017
Growing economic cooperation between China and Greece.
Chinese capital could help generate the domestic investment and employment necessary for Greece’s long-awaited economic growth revival. Stable investment focused on such sectors as infrastructure, energy and telecommunications, applied consistently along the new ‘Silk Road’, could isolate Chinese investment in Greece from short-term political disturbance. Moreover, re-establishing a good track record for investment projects could bring Greece back onto the radar of European investors, who have lately shown only limited interest.
- Chinese investment in Greece will allow further expansion into the Balkans capitalising on location and Greek regional business experience.
- Chinese involvement may improve Greece’s position in global logistics routes and global supply chains, such as ship repair in Piraeus.
- Stronger cultural ties are being established, including twin-city cooperation and cultural exchanges.