Can China Save Greece?
Trade and cultural relations between the two ancient nations are increasing as one seeks to emerge from years of economic crisis while the other continues to stretch its new economic muscle.
Kecia Lynn has worked as a technical writer, editor, software developer, arts administrator, summer camp director, and television host. A graduate of Case Western Reserve University and the Iowa Writers' Workshop, she is currently living in Iowa City and working on her first novel.
What's the Latest Development?
Due to several key investments, such as the building and operating of a terminal in the Greek shipping port of Piraeus, China is slowly making economic inroads in one of the European countries that arguably needs the cash. A trade delegation to Beijing earlier this year was led by Prime Minister Antonis Samaras, and a Chinese man has become the first to take advantage of a new program that offers Greek residency status in exchange for purchasing a certain amount of real estate. Also, the number of Chinese who came directly to Greece as tourists has jumped 25 percent from 2011.
What's the Big Idea?
Greece's original goal of raising €50 billion in investments by 2015 has been scaled back to €11 billion due to schedule delays. Since Western countries haven't demonstrated much of a willingness to help, the way is open for China and other growing economies to gain more of an economic foothold in Europe through Greece. The communication isn't entirely one-way, either: At one of the largest language schools in Athens, Chinese is now the second-most-popular offering. Says student Efi Belsi, "Greeks are shifting more towards the east...People want a better future so they are looking towards China."
Photo Credit: Shutterstock.com
New research links urban planning and political polarization.
- Canadian researchers find that excessive reliance on cars changes political views.
- Decades of car-centric urban planning normalized unsustainable lifestyles.
- People who prefer personal comfort elect politicians who represent such views.
Progressive America would be half as big, but twice as populated as its conservative twin.
- America's two political tribes have consolidated into 'red' and 'blue' nations, with seemingly irreconcilable differences.
- Perhaps the best way to stop the infighting is to go for a divorce and give the two nations a country each
- Based on the UN's partition plan for Israel/Palestine, this proposal provides territorial contiguity and sea access to both 'red' and 'blue' America
Science and the squishiness of the human mind. The joys of wearing whatever the hell you want, and so much more.
- Why can't we have a human-sized cat tree?
- What would happen if you got a spoonful of a neutron star?
- Why do we insist on dividing our wonderfully complex selves into boring little boxes
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.