Greece on the US-China tightrope

The world's two biggest economies are on a collision course that many describe as a new cold war, triggered by a multifaceted antagonism and rivalry.

It is clear by now that China is the West's biggest rival. The United States is still the latter's key economic but also security pillar. Most Europeans acknowledge that without Washington's leadership they are in no position to defend themselves against other neighboring or distant forces.

China invests in Europe and other parts of the world for economic but also geopolitical reasons. Greece is an important gateway into the European Union and the Cosco investment at Piraeus Port is the perfect example of a smart and successful commercial deal with geostrategic characteristics.

As the world is dragged into this new cold war, Greece - by virtue of its strategic location - is having to walk a tightrope. It is firmly...