China Everbright, HK’s Friedmann buy Albania’s airport operator


SHANGHAI: China Everbright Group, a state-backed financial firm, has bought into Albania’s international airport in partnership with a Hong Kong-based investment firm, the latest deal highlighting China’s ambition to rebuild Silk Road trade links with Europe and Asia.

Beijing has estimated its much-hyped “One Belt, One Road” initiative will add US$2.5 trillion to China’s trade over 10 years and Chinese firms are increasingly lending their support with aggressive investment in overseas infrastructure projects.

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