Cosco Shipping

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COSCO Shipping Co., Ltd.

EU countries back investment screening plan with China in mind

European Union countries agreed on Wednesday to a far-reaching system to coordinate scrutiny of foreign investments into Europe, notably from China.

Under the plan, developed in the wake of a surge in Chinese investments, the European Commission would investigate foreign investments in strategic technologies and infrastructure such as ports or energy networks.

Piraeus port has never witnessed such glory, PCT employee says

Sarantos Zilakos, a young Greek electrical engineer, is leaving work each afternoon since 2011 with a warm smile on his face. He returns home to his wife and 17-month-old daughter proud, because he feels he is making his own contribution to a major project that has been praised internationally as a success story of bilateral cooperation between Greece and China.

Forthnet teams up with Chinese firms to fund Greek telecoms network

Greek telecoms company Forthnet and Chinese telecom equipment maker ZTE Corp have teamed up with two other Chinese firms to finance a fibre optic network in Greece, Forthnet said on Saturday.

Forthnet and ZTE signed a cooperation agreement in 2016 to build a high-speed broadband network in the country.