CyprusProfile asked Managing Partner of EY Andreas Demetriou about business and investment opportunities between Cyprus and China.
“China is very important for Cyprus. The political and economic relations between China and Cyprus enjoy a solid foundation, which brings great potential for expansion of this cooperation. Emphasis should be given to the real estate, energy and shipping sectors. The number of Chinese citizens who come to Cyprus for investment, study and tourism is increasing and the two countries have new opportunities for cooperation in these areas. In addition, Cyprus as a member of the EU offers a gateway for Chinese business to the whole of the European Union.”