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According to a deal signed in April, COSCO will pay 368.5 million euros (419 million U.S. dollars) now and invest another 350 million euros (400 million dollars) over the next decade in infrastructure at the port.
Last week, by overwhelming majority the Greek parliament ratified an agreement giving China's COSCO Shipping a majority stake in Piraeus port authority. China expects Piraeus to become an important gateway into Europe.
"China will be very interested in hearing what the Federal Reserve thinks," Dollar wrote in a blog post on Wednesday. "Regardless of when the Fed moves, both China and the United States have an interest in seeing a relatively stable exchange rate for the yuan."
BEIJING, July 12 (Xinhua) -- China has asked Japan to stop interfering in the South China Sea issue, a Chinese Foreign Ministry spokesperson said Tuesday.
It is the most severe penalty yet for IPO fraud in China.
来源：资阳报