Cyprus-China relations enter new phaseCyprusNewsReport.Com

Map of Cyprus with EU flag

Map of Cyprus with EU flag (Photo credit: Wikipedia)

According to this article, relations between Cyprus and China have entered a new phase with obvious political will to strengthen relations further.

Source:  Cyprus-China relations enter new phaseCyprusNewsReport.Com

Chinese investors are increasingly to be seen in Cyprus. Up to now, they have been attracted by real estate, which provides wealthy Chinese with easy access to the rest of the EU. However, Chinese investors, like the Russians and other big international investors are casting their eyes over a couple of dozen large scale investments projects in Cyprus. But the real prize will be offshore gas and oil. If one throws in the increased probability of a political settlement with Turkey, Cyprus could well be set for a boom, once again.

Thoughts?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: