This is a MUST READ lead article by China’s influential daily, Peoples’ Daily. Check it out!
Read the language carefully. This is very powerful stuff indeed.
For me, it is significant that China’s is developing a strong relationship with Greece, a large economic country in the Eastern Mediterranean. The East Med. of course is the location of vast offshore oil and gas reserves, most notably near Cyprus and Israel. Meanwhile, China is becoming the world’s leading importer of energy. This week we have also seen a state-owned Chinese company in discussions to buy into the Cypriot gas reserves.
This is all very different from the toxic language of the troika, a very years ago. Good luck to Greece!
Let me turn this to an open question:
Are the Chinese coming to the Eastern Mediterranean?