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Alibaba Plans $1 Billion Plus Investment in Turkey

Alibaba Group Holding LTD. is planning to invest more than $1 billion in Turkey. The news became public knowledge after the company's president, Michael Evans, told the Turkish newspaper Sabah about Alibaba's investment plans in Turkey. It was revealed that...

More Chinese Tourists to Visit Greece This Summer

It seems like Greece is attracting more and more Chinese tourists. Sun Yanan, officer at the visa issuing organization in Beijing, China stated that about 40,000 Chinese tourists applied for a visa in 2013. The total number of tourists travelling...

Chinese Prompted to Buy Greek Property

Greek Deputy Minister of Development, Competitiveness and Infrastructure, Notis Mitarakis, will meet with representatives of Chinese real-estate companies. The meeting will concern their plan to promote a new program that will issue residence permits to people who decide to...

Chinese Investors Set Sights on Greek Property

The property price slump in Greece, fueled by the ongoing financial crisis, has started to attract Chinese investment. "Some Chinese businessmen have shown an interest in investing in Greek property, such as investing in hotels, or buying pieces of land...

Cyprus Luring Chinese Immigrants

Chinese who have the financial means to leave their country because of housing market restrictions, limited investment opportunities, uncertainty about the future as well as the one child policy are looking far abroad for new homes and Cyprus is...

Chinese Companies Eye Greek Assets Sell-Off

High-profile Chinese companies have expressed an interest in Greece's plan to sell off state assets as Athens rolled out its 50-billion-euro privatization plan in China on Friday in an attempt to attract fresh and long-term investment to revive its...

Greek Ambassador to China Asks Chinese Firms to Consider Investing in Greece

In an exclusive interview with China Daily, Greek Ambassador to China Theodore Georgeakelos said there are many potential areas for Chinese firms to invest in and these have yet to be "exploited." The Chinese reporter asked Georgeakelos, concerning his current...

China Investments in Greece May Increase

Chinese companies may invest in Greece this year approximately 100 million euros ($137 million), said the chairman of the Greek agency charged with attracting foreign investors. “The opportunity is much bigger in a country with financial problems than in a...

China, the Big Investor in Latin America

China’s presence in Latin America is growing with a new focus on Chinese investments in Colombia. How Chinese investments in Latin America compare with U.S. investments in the region. The U.S. response to this new dynamic. By Josep Freixes Latin...

Greece Can Act as China’s “Gateway to Europe”

Greece can act as China's gateway to Europe, Foreign Minister Nikos Dendias said on Wednesday after meeting his counterpart from the People's Republic of China, Wang Yi, in Athens. During their meeting, Dendias said, emphasis was placed on the great...

Greek Businesses in Beijing

Greece is awaiting the godsend Chinese investments, which were arranged after the recent visit of Chinese Prime Minister Li Keqiang and his meeting with his Greek counterpart Antonis Samaras. It appears, however, that several Greek entrepreneurs have decided not to...

China Provides Financial and Political Support to Greece to Ease Crisis

Du Qiwen, Chinese Ambassador to Athens, praised "the close friendship" between China and Greece and highlighted the commitment of the Chinese government to help Greece out of its debt problem. Speaking at a conference organised by the Greek association for...

China’s Santorini Resembles the Greek Cosmopolitan Island

For Chinese that don't have an opportunity to visit Santorini in Greece, there is the Dream Land in Dali, in Southwest China’s Yunnan province that resembles the cosmopolitan Greek island. The resort is built on the side of the Cangshan...

Large Gold Deposit Discovered in Mongolia

A large-scale gold deposit whose value is estimated at $2.38 billion was recently discovered in Urad Middle Banner of Bayannuur in the Chinese autonomous region of Inner Mongolia, during a geological exploration, China Daily reported. The total amount of gold...

Global Rush Is on for Lithium, the White Gold

Countries all over the world are in a rush to find and develop reserves of lithium, dubbed the "white gold" for being a key component in batteries, including electric vehicles and energy storage devices. Recently, Elon Musk described lithium batteries...