• HalidBeslic [he/him]@hexbear.net
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          6 months ago

          Chinese investors revived serbian steel industry that was plundered by US investors post-yugoslavia, very interesting article: https://www.obserwatorfinansowy.pl/in-english/business/incredible-rise-of-serbian-steel-industry/

          Yes, I know. It was pretty big news here when it happened since the factory employes so many people in Serbia, and Smederevo in particular. It’s certainly a reason why Serbia likes China. A company from there also bought up our biggest copper and gold mine in the east of the country, when it was still a net loser. All of these acquisitions helped the economy here greatly, although I’m not a fan of giving out our strategic resources to any countries, even if friendly.

          But that is only part of the Serbian-Chinese dynamic. The other part is the diplomatic support that China has shown us throughout the years. Even as Vučić’s masters in the EU increase pressure regarding the recognition of Kosovo, China has (along with Russia) always shot down any propositions regarding the region in the UN.

          Also thanks for the video recommendation, i didn’t know Norton talked about us. I’ll check it out soon.