Spanish investment a win-win venture

In the spirit of the Belt and Road Initiative, a Chinese investment in Spain is proving beneficial to both sides.

China's COSCO Shipping Ports became the major shareholder in Noatum Port Holding in Spain in late 2017, operating important southeastern and northern Spanish ports of Valencia and Bilbao, as well as two railway terminals in Zaragoza and Madrid.

Valencia is on the Mediterranean Sea and Bilbao on the Atlantic Ocean, both great connectivity points.