Belgium shows its confidence in Belt and Road
By Fu Jing | China Daily | Updated: 2018-02-13 07:45
This year is the 10 anniversary of the 2008 calamity of Wall Street, following the fall of the Lehman Brothers, which caused the chronic global financial crisis and economic recession. The recent global stock market plunges, again originating in the United States, have been an unwelcome reminder of their volatility.
However, my recent trip to Zeebrugge, a medium-sized sea port in Belgium, showed that a crisis can be transformed into a long chain of opportunities if visionary decisions can be made.
The opportunities began in 2010, in the depth of the financial crisis in Europe, when China's automaker Geely acquired Volvo and the Sweden-based company's car operation in Belgium's Ghent, injecting them with new vitality.
Photo