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Wholesale Spain. China and Spain will create joint wholesale centers.

In 2020, China increased its "business Empire" by purchasing a 51% stake in the Spanish container terminal operator Noatum Port, which owns container ports in Valencia and Bilbao.

 

Many European manufacturers are seriously concerned about such a powerful expansion of China in Europe, as many Chinese wholesale manufacturers are opened up by new opportunities for logistics of their goods to Spain and Portugal.

 

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