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China eyeing further boost to Piraeus hub: premier
by Staff Writers
Piraeus, Greece (AFP) June 20, 2014

British firms seeking more Mandarin speakers: survey
London (AFP) June 22, 2014 - British firms are increasingly seeking workers who can speak Mandarin, Britain's biggest employers' organisation said Sunday.

The Confederation of British Industry (CBI) found that while European languages were still in demand there are signs of businesses increasingly seeking language skills that could help break them into new markets.

The annual CBI/Pearson Education and Skills Survey of around 300 British firms found that nearly two-thirds of businesses questioned said they had a need for foreign language skills.

The most popular language picked was French (50 percent), followed closely by German (49 percent) and then Spanish (44 percent).

However, just under a third (31 percent) rated Mandarin as useful, up from 25 percent in 2012.

Meanwhile 23 percent said they thought Arabic was useful, up from 19 percent two years ago.

"With the EU still our largest export market, it's no surprise to see German, French and Spanish language skills so highly prized by companies," said CBI deputy director general Katja Hall.

"But with China and Latin America seeing solid growth, ambitious firms want the language skills that can smooth the path into new markets.

"It has been a worry to see foreign language study in our schools under pressure with one in five schools having a persistently low take-up of languages," she added.

"Young people considering their future subject choices should be made more aware of the benefits to their careers that can come from studying a foreign language."

The Department for Education said the government was overseeing a "languages revival after a decade of damaging decline".

From September, languages will be compulsory from the age of seven rather than 11.

The ministry said the take-up of languages at GCSE level -- the exams sat at 16 years old -- increased by nearly 16 percent last year to the highest level in five years.

Recent changes have encouraged young people "to study the core academic subjects, including languages, that universities and employers value," a spokesman said.

"Our reforms are a vital part of our long-term plan to deliver the best schools and skills for our young people so that they can secure a good job, an apprenticeship or a place at university."

Chinese Premier Li Keqiang on Friday said Piraeus could become one of the world's "most competitive" ports if China shipper COSCO is able to fulfil its investment plan for the area.

"We hope to turn Piraeus...into one of the most competitive ports of the world," Li, on a three-day visit to Greece, said as the first rail shipment of Chinese goods left the port for central Europe.

COSCO, which in 2008 signed a 35-year concession to expand the two main container terminals at the port, plans to pour $230 million (170 million euros) in expansion works by 2020.

The additional infrastructure is calculated to increase the port's capacity to over 6.0 million container units, from 3.16 million last year, officials said on Friday.

The deal is subject to approval from the European Union, which has yet to give its consent.

"There is still much under discussion (concerning Piraeus)," Greek Prime Minister Antonis Samaras said in welcoming Li on Thursday.

"I believe that Europe itself understands that Greece constitutes a natural maritime link to China," he said.

China is also interested in a 67-percent stake in the Piraeus port authority, which is being sold by the Greek state under the EU-IMF bailout agreement contracted to avert Greece's bankruptcy in 2010.

Reportedly, Brussels is not keen to see China increase its hold on Piraeus, one of the busiest ports in the Mediterranean in terms of commerce but also tourism traffic.

- Piraeus a 'pearl' -

"The port of Piraeus can become a Chinese gateway to Europe. It is like a pearl in the Mediterranean Sea," said Li, on his first trip to southern Europe since becoming premier.

Samaras said the port's newly-completed rail connection opens up new prospects.

"We calculate goods can be transported (via rail from Piraeus) to central Europe and Germany eight days sooner than any other port," said George Gratsos, president of the Hellenic chamber of shipping.

Li will next travel to Crete, where the airport of Kasteli has been cited as a potential investment target for China.

The last visit by a top Chinese official to Greece -- by then premier Wen Jiabao -- was in 2010, at the start of the European country's crippling economic crisis.

The selection of COSCO in 2008 to expand the container terminals at Piraeus made waves, but subsequent efforts by the Greek state to secure Chinese investment -- including in public railways and the Athens airport -- saw little success.

But with the spectre of Greece going bankrupt and a breakup of the euro receding, Chinese investors have begun to show renewed interest.

On Thursday, the Chinese delegation signed over a dozen trade and investment deals worth some $4.6 billion.

The deals included multi-billion-dollar Chinese bank loans to build at least 10 Greek-owned ships in Chinese shipyards.

Greek shipowners -- who account for more than 16 percent of the global fleet -- currently have orders for 220 new ships in China, China Development Bank vice president Zheng Zhijie told a marine conference later on Friday.

Agreements were also signed on the construction of solar energy parks in Greece, and trade deals involving marble, granite, wine and olive oil.

Earlier this year a group including Chinese conglomerate Fosun was selected to lead a 6-billion-euro ($8.1 billion) redevelopment of the old Athens airport of Hellinikon into a housing and leisure complex.


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