Xicheng District
EIB to finance part of Cosco’s master plan for Piraeus port
The European Investment Bank has approved a 100-million-euro loan to Cosco to finance part of the Chinese company's investment in the port of Piraeus.
The funds will be used for the first stage of the 612-million-euro master plan, providing for the expansion of the cruise terminal, a new passenger terminal, a car park and a new logistics area.
Hong Kong chaos sees tear gas, attack on Chinese news agency
Anti-government protesters attacked the Hong Kong office of China's official Xinhua News Agency for the first time on Nov. 2 after chaos broke out downtown, with police and demonstrators trading gasoline bombs and tear gas as the protest movement approached the five-month mark.
China's next commercial rockets to make test flights in 2020, 2021
China will launch test flights for the next two space rockets in its Smart Dragon series meant for commercial use in 2020 and 2021, the official Xinhua news agency reported on Oct. 20, as an expected boom in satellite deployment gathers pace.
Cosco’s Piraeus plan approved, in part
Greece's Port Planning and Development Commission (ESAL) last week approved an investment plan by Chinese shipping giant Cosco for its subsidiary, Piraeus Port Authority (OLP), in essentially the same form that it had been agreed upon with the previous administration - with a reduction to the planned size of a shopping center and car terminal - but put a freeze on a proposal for an additional i
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Mitsotakis hails Greek cooperation with China
Prime Minister Kyriakos Mitsotakis has praised his country's "win-win cooperation" with China as he renews efforts to rebuild the country.
He made the remarks on Saturday at the opening ceremony of the 84th Thessaloniki International Fair (TIF), the country's largest annual commercial exhibition.
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Piraeus port owner Cosco to submit investment plan
Cosco, the Chinese-owned owner and operator of Piraeus port, is expected to resubmit its 800-million-euro investment master plan to the state Port Planning and Development Commission Friday.
The resubmission comes after the change in government and the dozens of obstacles the previous administration's decisions raised.
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Silk roads
Prime Minister Alexis Tsipras' presence at the Belt and Road Initiative Forum in Beijing Friday and Saturday, in addition to Greece's joining the initiative of 16 countries of Eastern and Southeastern countries with strong relations with China, shows how far Greece has come since 2009. That was when China's state-owned Cosco took over part of Piraeus's container port.
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PM’s office intervenes to defuse tension over Piraeus
In the next few days - if not on Tuesday - Cosco is expected to submit to the Port Planning and Development Commission a memorandum with its remarks on the watchdog's original opinion.
Cosco considering London listing
China's largest shipping group, Cosco Shipping, is considering raising capital for the first time on the London Stock Exchange through a new initiative with Shanghai's bourse, two finance sources familiar with the matter have said.
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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.