Cosco Shipping Ports and China Merchants Port Holdings have gone on a shopping for cargo terminals within the Indian Ocean, the Mediterranean Sea, and the Atlantic rim. In January 2018, Cosco finalized the takeover of the terminal in Zeebrugge, Belgium’s second-biggest port, marking the Chinese agency’s first bridgehead in northwestern Europe. Belt and Road undertaking funding slowed barely in 2017 to about $14.3 billion from $20 billion in 2016. Chinese state corporations now management about one-tenth of all European port capability. The port offers are one of many clearest manifestations of Beijing’s bold plans to bodily hyperlink China to Europe by

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