In Latvia, western landgrabbers buy up farmland in the hope it'll one day become valuable for construction projects. That's left acres of land bare and unused across the Latvian countryside.
China is searching for new transport routes to Western markets. One crosses Central Asia and passes through Georgia, which is the only country in the region which has a free trade agreement with China and the European Union. Beijing is one of Georgia's most important trading partners – and is investing millions in Georgian businesses and infrastructure.
China is earmarking $900 billion for its new Silk Road in order to bolster trade. The gigantic infrastructure project includes roads, railway lines, ports and airports.
A gathering of people in the elevator business has taken place in Moscow. The event attracted professionals from all over the world and presented an opportunity to assess bilateral business ties.
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