President Xi Jinping will sign an agreement in Portugal to bring the port of Sines into China’s “Belt and Road Initiative”. Photo: Reuters
Portugal welcomes China’s money as its influence worries EU partners
- Xi Jinping’s visit to Lisbon follows EU countries’ agreement on regulation of foreign investment, particularly from China
- EU-IMF bailout of Portugal in 2011 prompted privatisations that brought flood of Chinese investment
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President Xi Jinping will sign an agreement in Portugal to bring the port of Sines into China’s “Belt and Road Initiative”. Photo: Reuters
