(ANSA-AFP) - BELGRADE, SEP 13 - Chinese Linglong Tire company
officially launched Friday mass production at its factory in
Serbia, the first in Europe, which is considered a centrepiece
of Beijing-backed investment in the Balkan country. China has
invested billions in Serbia and its Balkan neighbours in recent
years, hoping to expand its economic footprint in central
Europe. Last year Beijing and Belgrade signed a free-trade
agreement. "This is by far the largest greenfield investment
ever realised on the territory of Serbia ... of one billion
dollars," Serbian President Aleksandar Vucic told a ceremony at
the factory in Zrenjanin. (ANSA-AFP).
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