Former Prime Minister of Greece Antonis Samaras (R) and Chinese Prime Minister Li Keqiang (2-R), inaugurated a new container transport line at the port of Piraeus, where Chinese shipping giant COSCO controls two of the three terminals (photo: dpa)

China’s push towards Europe through Piraeus boosts infrastructure and tensions

Beijing’s investment outflows are growing fast, and Europe is one of the main beneficiaries of this trend. By mid-2015, China had invested more than US$60 billion in shares of European companies, passing Japan to become the fourth-largest investor in the ‘Old Continent.’ Since 2014, Chinese investments have targeted Central and Eastern European (CEE) countries, which have received almost US$7 billion, concentrated in sectors such as energy and infrastructure.

The Balkan Peninsula, including the Greek port of Piraeus at its southern end, is now the new frontier for Chinese outbound direct investment. In the coming weeks, China will start building a high-speed railway connecting Budape...

Unlock the report
8.95 EUR
Secure, instant payment by credit card
Dr. Nicola Casarini
COSCO’s planned acquisition of the Piraeus Port Authority is crucial for China’s plans to improve its supply chain network in Europe. Given its strategic significance, the question goes beyond Greek domestic politics, touching on broader Sino-European relations
read more about it in the report
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possible effects of current decisions.
By clicking "I Agree" below, you acknowledge that you accept our Privacy Policy and Terms and Conditions. Feel free to check out our policies anytime for more information.
I agree