The European Union's chief delegate at the Beijing summit on China's New Silk Road says an investment deal between the European Union and Greece is "urgently needed" to improve bilateral trade opportunities.

President Xi Jinping says China's friendship and co-operation with Greece "continues to glow with new dynamism".

Chinese shipping company COSCO is the majority stakeholder in Piraeus port, Greece’s largest, and Chinese officials harbour hopes it will become a major international trading hub.

Al Jazeera's John Psaropoulos reports from Greece’s capital, Athens.

Europe, Greece, Business & Economy