You have to hand it to the Chinese.
They have a lot of strategic savvy in pursuing their economic
interests.
Greece, desperate for foreign money,
passed a law allowing foreigners who buy real estate worth at least
250,000 Euros to come live there. So well-heeled Chinese have been
doing just that.
The Chinese also bought up Greek
government debt on the cheap. And why not? The European Union and
European Central Bank are enforcing repayment, loaning the Greeks
money to do so while the mass of the Greek people have been driven
into economic desperation.
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