Analysis 27 Jan 17

China Sees Belgrade Bank as Route into Europe

Beijing sees its new Bank of China branch, just opened in Belgrade, as forming part of a strategy aimed at conquering Balkan and European markets.

Gordana Andric
BIRN
Belgrade
Guoli Tian, chairman of the Bank of China shakes hands with Serbian President Tomislav Nikolic. Photo: Beta

The Bank of China, one of the five largest banks in the world, opened its Serbian branch on January 21.

In addition to serving the needs of Chinese and Serbian companies, it will act as the bank’s main hub for conducting business with other Balkan countries and Greece.

Guoli Tian, chairman of the bank, said at the opening ceremony that opening the branch was one of the steps that the bank was taking to meet the “rising demands” of economic cooperation between Serbia and China.

Tian added that the bank stood ready to give its contribution to China’s “One Belt, One Road” initiative.

Subscribe to Balkan Insight Premium to read the full article.

Please login to your account below if you are already a Premium Subscriber.

Buy Premium Subscription

Our Premium Service gives you full access to all content published on BalkanInsight.com, including analyses, investigations, comments, interviews and more. Choose your subscription today and get unparalleled in-depth coverage of the Western Balkans.

Buy Premium Subscription

If you have trouble logging in or any other questions regarding you account, please contact us

Talk about it!

blog comments powered by Disqus

Latest News from the Balkans

22 Sep 17

Slovenia PM Calls off Border Talks in Croatia

22 Sep 17

Montenegrin Capital Set for Gay Pride Parade

Premium Selection

refugee-experts-downplay-romania-s-migrant-crisis--09-19-2017
20 Sep 17

Refugee Experts Downplay Romania’s Migrant ‘Crisis’

Despite reports of a new migration route opening up on the Black Sea, Romanian authorities and international organizations say scare stories have no basis in reality.

albanians-query-wisdom-of-slimmed-down-government-09-18-2017
19 Sep 17

Albanians Query Wisdom of Slimmed-Down Government

Edi Rama has honoured pledges to cut bureaucracy by radically trimming the size of the cabinet – but some fear the new ‘super-ministries are taking on more than they can handle.

18 Sep 17

Wine Lovers’ Paradise in Vibrant Zupa Region