Belt and RoadChina drops $11bn anchors to expand Maritime Silk Road
State-owned operators Cosco and China Merchants dominate decade of spending
Greece has rejected China's plan to build an additional cargo terminal at Piraeus port amid concerns about growing Beijing influence. © Reuters
SHIN WATANABE, Nikkei staff writer
January 5, 2020 20:29 JST
DALIAN, China -- Chinese companies have poured nearly $11 billion into overseas ports during the past decade, gaining access to strategic maritime hubs as part of its Belt and Road initiative, an aggressive investment campaign that has raised concerns about Beijing's growing clout across the world.