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China’s Long March On European Ports

China’s long march on European ports

China’s Long March On European PortsSource: Hellenic Republic Asset Development Fund

Milan, Italy (PortSEurope) July 19, 2018 – The daily newspaper Il Sole 24 Ore has published in it Comments section, a long article by Simone Tagliapietra, Senior researcher at the Eni Enrico Mattei Foundation and Fellow at the European think-tank Bruegel concerning the increasing involvement of China in the European port system. This is topical as the EU considers a new European mechanism to screen foreign direct investment (FDI).

The article treats ports as strategic assets and China’s increasing interest in European seaports as staging posts in the new Silk Road, China’s economic policy to bring its products to European markets. China has acquired port assets in several south European countries.

It considers also the role of related rail agreements with European countries, and the creation of the 16+1 group between China and central/eastern European countries.

There are political concerns at these Chinese activities, particularly when politics and trade interests cross.

Source: Il Sole 24 Ore

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