A factory showed the uglier face of Sino-Serbian partnership | View
- Date: 10-Dec-2021
- Source: Euronews
- Sector:Industrial
- Country:Middle East
A factory showed the uglier face of Sino-Serbian partnership | View
The Sino-Serbian partnership has blossomed in recent years — according to the National Bank of Serbia, Chinese investments in Serbia have grown to more than $2 billion (€1.8 billion) in the past ten years while publicly available data show Chinese infrastructural loans in Serbia exceed $8 billion.
However, the case of the Serbian town of Zrenjanin, where the Chinese tire manufacturer Linglong is building a tire factory, tells the darker story of the partnership: one where Chinese business projects degrade environmental and labour standards, endangering the rule of law in the country receiving Chinese financing.
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