Time to celebrate if youre single and buy yourself a gift to mark singles day in china. Hello im monica jones welcome to the Business Asia chinas president xi jinping is in greece today to strengthen ties his visit comes just one week after the greek Prime Minister met him in shanghai for the 29000 International Import expo where greece was the official partner country at 1st glance the asian powerhouse and europes debt stricken Member States they can even cop or they both seem to tend to the others needs greece needs money and china needs access to infrastructure and one of beijings key purchases in greece was a Majority Stake in the historic port of today chinas gateway to europe. This is a carefully choreographed business the aim to showcase existing economic ties and to foster new ones. Among the deals the 2 sides have already signed off on is
a 600000000 Euro Investment by Chinese Company cosco in greeces largest port of parade yes its set to play a key role in chinas math of Infr
andrea hang there in singapore thank you so much. and now to some of the other business stories making news the u.s. federal aviation authority the f.a.a. has downgraded malaysia s air safety rating to category 2 according to media reports the new rating means that malaysia s air carriers can either add new service is to the u.s. to extend existing once the carriers will also be subjected to additional inspections at u.s. airports. a judge in malaysia has ordered former prime minister najib razak to enter a defense as part of his 1st trial over the one m d b scandal billions of dollars were stolen from the state investment fund logic told to the courts he plans to testify in his own defense. australia s main carrier quantas has pledged to achieve 0 net emissions by 2050 it s the 2nd airline to do so after british airways oh no i agee quantize is also investing about 30000000 euros of developing more sustainable aviation fuel. the united kingdom has avoided