Why Is China buying up Europe’s ports?

© Feng Yu

This is a good article looking at China’s global ambitions in the shipping business. Foreign Policy shows how, via a series of “aggressive acquisitions”, China is redrawing the map of global trade and political influence. From Spain to Sri Lanka, Greece to Brazil, China’s control over foreign ports is growing as it builds up its bridgeheads around the world. And, of course, its shipping behemoth, Cosco, with access to cheap cash, is helping it add to the already sprawling empire.