“This is a mutually beneficial deal, which paves the way for the Chinese companies and brings positive benefits to the Greek economy,” Mr.... BEIJING—Greece’s agreement to sell a majority stake in the Port of Piraeus, the country’s biggest, to Chinese shipping company China Cosco Holding Co. is expected to usher in greater financial cooperation between the two countries, Greece’s Prime Minister Alexis Tsipras said in Beijing Monday.

Source: Wall Street Journal July 04, 2016 16:30 UTC