Albania, China relations gain new momentum after key assets acquisition

TIRANA, Aug. 14 – Albania- China relations are gaining new momentum as the Asian superpower is increasing investment in Albania, its once tiny Balkan ally in the 1960s and 70s. Four decades on, the present context is quite different as China has turned into the world’s second largest economy, and Albania is now a NATO country and an EU candidate country with its small economy being one of the Western Balkans’ most vibrant and holding one of the greatest potential due to the geographical advantage and natural resources. Last year, Chinese companies acquired two of Albania’s most important assets, the…