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Athens' Piraeus port U-turn won't hurt China investment: analysts

They say new govt is just posturing and is unlikely to try to dislodge China from its 'gateway to Europe'

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Before last month's elections, Mr Samaras chose Piraeus as one of the showpiece stops in his campaign to return his party to power. After the elections, Mr Tsipras' Syriza party declared it would fulfil its campaign pledge to halt the port's privatisation.

Piraeus, Greece

THE shipping containers emblazoned with the Cosco logo on the quayside at Greece's biggest port Piraeus are a sign that China has invested heavily here.

Even though Greece's new left-wing government set alarm bells ringing in Beijing when it halted the privatisation