Skip to the content
Skip to the main menu
Piraeus Port is the largest port in Greece. On Aug 10, 2016, COSCO Shipping (Hong Kong) Co Ltd, a subsidiary of China COSC
O Shipping Group, became a controlling shareholder of the port and started operating the facility.
Around 290 million euros are expected to be invested by the company for the expansion of a crui
se terminal, improvement of a ship repair wharf and a new multi-storey garage of roll-on roll-off ship wharf.
The port, as an important meeting point of the Silk Road Economic Belt and the 21st Cent
ury Maritime Silk Road, has become one of the fastest-growing container ports in the world in recent years.
Under the joint operation of Chinese and Greek enterprises, the port’s infrastruct
ure conditions and operational capabilities have been greatly improved. The freight hub has become increas
ingly prominent, not only providing more jobs, but also promoting local economic development and be
coming a model of win-win cooperation under the Belt and Road Initiative.
trying to foment trouble across the Taiwan Straits. The US has already made a highly provocative move by
introducing the Taiwan Travel Act a year ago, as it allows high-level diplomatic exchanges between the US and the island. And now som
e in the US say Tsai, who doesn’t acknowledge the 1992 Consensus that there is only one China, should be invited to visit the US Congress.
By suggesting such an outrageous idea, these people are playing with fire, because if Tsai were
to visit the US, Sino-US relations would suffer a serious blow, and the security and stability across the Straits would be damaged.
To make matters worse, last week the US and Taiwan announced the launch of a new “dialogue
mechanism” to achieve closer “bilateral cooperation” and to defend and promote “shared values”. Titled
the “Indo-Pacific Democratic Governance Consultations”, the new “dialogue mechanism” is aimed at “exploring” way
s to increase “US-Taiwan exchanges” and pursue joint projects, said Brent Christensen, the highest-ranking US official posted in Taiwan.