LINE

Text:AAAPrint
Economy

Anticipating more Chinese investment in Spain's club: former Spanish PM

1
2015-06-19 11:13Xinhua Editor: Gu Liping

"Wanda's investment in Madrid Atletico is a win-win deal and we welcome more Chinese investors to be connected with Spanish soccer clubs," said Jose Luis Rodriguez Zapatero, the former Spanish Prime Minister on Thursday.

"The assets in Spain now are quite good targets for investors. They have high quality and low price, so it's quite an opportunity for Chinese companies to take purchase in Spain," said Zapatero, who is attending the "Silk Road Economic Belt Forum" in Yiwu, Zhejiang province of China.

"Wanda Group is a powerful consortium. Atletico Madrid is a top club. Wanda's investment to Atletico is a double win business and a beneficial cooperation," said Zapatero.

Except for the investment in sports, Zapatero hopes Chinese companies can put in more money in Spain's infrastructure and real estate. He believes Spain can bridge Europe and Africa and also can connect to the Latin America.

"If you invest in Spain, you're opening up a Spanish-speaking market with a population of 500 million, including Spain, Latin America and North Africa," said Zapatero.

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.