Beijing-run side of harbour is thriving but new government has pulled plug on plans for more foreign buyoutsDay and night, the Chinese-run piers of the Piraeus container terminal are a hive of activity. Lorries come and go while forklift trucks zoom around and colossal cranes heave giant containers from ship to shore.Five years after its arrival in the Mediterranean, China’s global shipping carrier, Cosco, takes immense pride in the efficiency with which affairs are conducted on these piers. Business activity has tripled since the state-owned conglomerate acquired the port for €500m (£373m), the biggest foreign investment in Greece in modern times. Continue reading...
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