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Barbara Surk | ASHARQ AL-AWSAT English Archive 2005 -2017
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Workers loading a roll of steel onto a barge in Smederevo, Serbia, in June. A state-owned Chinese company bought the steel plant in the Serbian city. Credit Darko Vojinovic/Associated Press


Serbia Reaps Benefits, With Strings Attached

Serbia Reaps Benefits, With Strings Attached

by | Sep 16, 2017 | Business

SMEDEREVO, Serbia — When President Xi Jinping of China chose an industrial town on the Danube River to announce that Serbia was at the center of a $900 billion “One Belt, One Road” infrastructure initiative, it was a bold declaration that his country had set up shop...