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Geo-Strategic Trend - 19. page

Chinese Investment Reshapes Athens Through Real Estate and Business

Huanqiu Times reported that Chinese investors are bringing both visible and subtle changes to Athens, primarily through property purchases under Greece’s “Golden Visa” program and a growing cultural and business presence.

  • By mid-2025, nearly 8,000 Chinese citizens had applied for a Golden Visa for the first time, with about 4,795 approvals – accounting for 47.8 percent of all new applicants. Among renewals, Chinese nationals represented an even larger share at about 61 percent.
  • Many buyers acquire apartments quickly – often without deep knowledge of the neighborhoods – simply to secure residency rights. Real estate agents say Chinese clients frequently arrive in groups, use translators, and make rapid purchase decisions.
  • Beyond property, Chinese influence is increasingly visible in the city center, where authentic restaurants such as hot pot spots and Cantonese cafés are opening. Chinese workers, including those from shipping giant COSCO, are also contributing to the city’s changing character.
  • Locals note both visible and subtle transformations. Renovations, refurbishments, and building upgrades are becoming more common, sometimes even in apartment blocks owned by Chinese nationals.
  • Some Greek commentators view the trend positively, saying it has revitalized neighborhoods, boosted the construction and renovation sectors, and spurred related industries.

Source: Huanqiu Times, August 17, 2025
https://oversea.huanqiu.com/article/4NxFTq4TmwV

China Sanctions Japanese Lawmaker Ishii Taira; Japan Protests

Ishii Taira (Chinese name Shi Ping, 石平), born in Sichuan in 1962, joined China’s democracy movement in the early 1980s and graduated from Peking University in 1984. After moving to Japan in 1988, he broke with the Chinese Communist Party following the Tiananmen protests. He became a Japanese citizen in 2007, later served as a visiting professor at Takushoku University, and was elected to Japan’s House of Councilors this year. A vocal critic of Beijing, he has frequently spoken on Taiwan, the Senkaku/Diaoyu Islands, Xinjiang, Tibet, and Hong Kong.

On September 8, 2025, China’s Foreign Ministry announced sanctions against Ishii, accusing him of spreading “fallacies,” and visiting the Yasukuni Shrine. The measures include freezing any assets he holds in China, banning Chinese organizations and individuals from engaging with him, and barring him and his immediate family from entering China, Hong Kong, or Macau.

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi condemned the sanctions as an attempt to intimidate dissenting voices and called on Beijing to withdraw them. Ishii dismissed the move, noting he has no assets in China and no intention of visiting, and described the sanctions as proof that his political activities were “an honor.”

Chinese Foreign Ministry spokesperson Lin Jian defended the countermeasures, calling Ishii a “thorough anti-China element” who aligned with hostile forces after naturalizing in Japan. He said the actions were legal, necessary to safeguard China’s interests, and consistent with international practice, while criticizing Tokyo for failing to restrain its lawmakers and instead “shifting blame” onto China.

Sources:
1. China’s Ministry of Foreign Affairs website, September 8, 2025
https://www.fmprc.gov.cn/web/wjbxw_new/202509/t20250908_11704050.shtml
2. Epoch Times, September 9, 2025
https://www.epochtimes.com/gb/25/9/9/n14590627.htm
3. Xinhua, September 10, 2025
http://www.news.cn/world/20250910/58e53b9debb347fd94c1772c2f08b2d0/c.html

UDN: Canadian and Australian Warships Sailed Through Taiwan Strait

United Daily News (UDN), a major Taiwanese outlet, reported that the Canadian frigate HMCS Ville de Québec and the Australian destroyer HMAS Brisbane sailed through the Taiwan Strait on September 6.

The vessels traveled north along the eastern side of the Strait’s median line, though their final destination remains unclear. China’s military claimed it was conducting “full surveillance” during the transit and asserted that the situation was “under control.”

The joint Canadian-Australian fleet had departed days earlier from the U.S. naval facility in Subic Bay, Philippines. The Ville de Québec recently joined a trilateral patrol with Philippine and Australian forces in nearby waters, an operation that already drew criticism from Beijing. The Canadian Ministry of National Defense has not confirmed the ship’s passage through the Strait.

Source: UDN, September 6, 2025
https://udn.com/news/story/7331/8987939

U.S. Cotton Exports to China Plunge 90 Percent

U.S. cotton exports to China dropped by nearly 90 percent year-over-year in the first half of this year, according to data from the London Stock Exchange Group (LSEG). Meanwhile, exports to Pakistan and Turkey rose, and shipments to Vietnam nearly tripled.

The apparel industry has been steadily shifting production for the U.S. market from China to South and Southeast Asia, where labor costs are lower. This shift accelerated in the first half of the year, driven in part by U.S. tariffs. Washington is now closely watching for transshipment practices, where factories route goods through third countries to bypass higher tariffs. Facilities heavily dependent on Chinese inputs may be flagged as engaging in such practices.

With U.S.–China trade negotiations stalled, the apparel sector remains concerned about the risks of over-reliance on Chinese supply chains.

Source: AAStocks, September 3, 2025
https://www.aastocks.com/tc/usq/news/comment.aspx?source=AAFN&id=NOW.1468052&catg=4

Ecuador Secures $400M From Beijing Over Defective Dam

Ecuador’s Finance Minister Sariha Moya announced that Chinese state-owned PowerChina will pay the Ecuadorian government $400 million in compensation for serious defects and losses linked to the Coca Codo Sinclair hydroelectric project, built by Sinohydro. The $3 billion dam, launched in 2016 with Xi Jinping attending its inauguration, has been plagued by cracks, leaks, corruption scandals, and ecological damage, with experts warning its lifespan may be only 15 years instead of the promised 50.

Ecuador had originally sought $580 million in arbitration, while China countersued, but the settlement marks a partial resolution. The case highlights broader problems with China’s infrastructure projects abroad: opaque loans, poor construction, corruption, and political fallout.

Similar controversies have emerged elsewhere: Nepal’s Pokhara International Airport (built with Chinese loans) is deemed substandard; Serbia’s Novi Sad railway station collapse killed 16 and sparked mass protests; and other Chinese-financed projects across Latin America face scrutiny.

Commentators note that China’s BRI model – relying on money, corruption, and construction contracts to secure influence in targeted countries – is backfiring. Instead of winning allies, Beijing now faces reputational damage and a growing wave of compensation claims, with Ecuador setting a precedent that other countries may follow.

Source: Epoch Times, August 26, 2025
https://www.epochtimes.com/gb/25/8/26/n14581281.htm

China Reportedly Bidding on Vietnam’s Largest Tungsten Mine

Taiwanese newspaper Commercial Times recently reported that Masan Group, the owner of the Vietnamese Nui Phao tungsten mine, is considering a sale of the asset. Sources familiar with the matter revealed that two Chinese buyers have recently contacted Masan Group, intending to use proxy bidding to avoid directly exposing their Chinese capital status.

Tungsten is a key strategic raw material for high-tech industries such as national defense, aerospace, semiconductors, and electronics. Data from the United States Geological Survey (USGS) shows that China’s tungsten production accounted for 83 percent of the world’s total in 2024. The Vietnamese Nui Phao mine produces approximately 3,400 metric tons of tungsten annually, accounting for nearly all of Vietnam’s production, making Vietnam the world’s second-largest producer after China. Furthermore, the mine’s associated refinery has an annual production capacity of 6,500 metric tons, making it one of the largest tungsten processing facilities outside of China.

In April this year, China imposed export controls on tungsten and several rare earths in retaliation for the U.S.’s reciprocal tariff measures. U.S. diplomats and Western officials have recently visited the Nui Phao mine several times, not only showing support for Masan Group but also sending a signal of “preventing China from monopolizing the supply chain.”

Source: Commercial Times, August 28, 2025
https://www.ctee.com.tw/news/20250828700148-439901

Lianhe Zaobao: Mexico Plans to Raise Tariffs on China

Singapore’s primary Chinese language newspaper Lianhe Zaobao recently reported that according to people familiar with the matter, the Mexican government plans to raise import tariffs on Chinese goods in its proposed budget bill next month to protect domestic businesses and meet demands from U.S. President Donald Trump.

The proposed tariff increase, which covers Chinese goods such as cars, textiles and plastics, is intended to protect Mexican manufacturers from competition from subsidized Chinese products. Other Asian countries are also expected to face higher tariffs under this bill.

Since the beginning of the year, the U.S. Trump administration has been urging Mexico to follow the United States and raise tariffs on China. Mexican officials subsequently proposed the concept of a “Fortress North America” that would restrict goods from China while strengthening trade and manufacturing ties with Mexico and Canada.

The spokesperson of the Chinese Ministry of Foreign Affairs responded to media inquiries at a regular press conference, pointing out that Mexico is China’s second largest trading partner in Latin America, and China is Mexico’s third largest export destination. China “firmly opposes” any attempt to impose restrictions on China under any excuse by others, which undermines China’s legitimate rights and interests.

Source: Lianhe Zaobao, August 28, 2025
https://www.zaobao.com.sg/news/world/story20250828-7424641

Maduro Flaunts Xi’s Gifted Huawei Phone as China-Venezuela Ties Strengthen Amid U.S. Tensions

At Venezuela’s First Bolivarian Teachers’ Education Congress on August 14, President Nicolás Maduro showcased a new Huawei smartphone that he said was a personal gift from Xi Jinping. Maduro said he could use the phone for satellite communication with Xi and even greeted in Chinese in a mock phone call during his speech. CNN noted that while symbolic, the gesture highlights Maduro’s effort to emphasize close ties with China amid strained relations with the U.S.

A week later, on August 21, Maduro met with China’s ambassador to Venezuela, Lan Hu, and praised recent progress in bilateral cooperation, particularly in economic, technological, and artificial intelligence projects. He declared that China’s people-centered development model is shaping global trends.

On the same day, Chinese Foreign Ministry spokesperson Mao Ning criticized the U.S. for deploying warships near Venezuela to stop drug trafficking, saying it violated the U.N. Charter, threatened Venezuela’s sovereignty, and undermined regional peace. She urged the U.S. to contribute positively to stability in Latin America and the Caribbean.

Source: Radio France International, August 24, 2025
https://www.rfi.fr/cn/美洲/20250824-美委关系紧张加剧-马杜罗秀习近平-亲赠-华为手机等对华示好