New colonial power?

“It’s kind of neocolonialism without the gunboats”


Costas Douzinas

The tongue in cheek remark made to the New York Times by Costas Douzinas, head of the Greek parliament’s foreign affairs and defence committee. He was referring to the scale of Chinese investment in the country – particularly by Cosco in Piraeus port – and by Fosun, which is spending billions to convert an abandoned airport outside Athens into Hellenikon, a luxury resort for wealthy Chinese tourists. The investments have made Greece a key ally of China, but raised concerns in some fellow EU countries.

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