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"From the Baltic states to the Balkans, Chinese companies, flush with money, are buying real estate and competing for public infrastructure contracts, especially as Poland and Ukraine work at breakneck speed to jointly play host to the 2012 European soccer championship. They are also investing in the manufacturing of products like electronics and chemicals to gain a foothold inside Europe’s expansive single market.
Chinese companies are becoming increasingly active in Poland, where the work force is well educated and still relatively inexpensive compared with those in Western European countries. Trade flows have also changed. “China used to mainly export textiles, shoes and tea to Poland,” said Tomasz Ostaszewicz, director of the bilateral economic cooperation department at the Polish Economy Ministry. “Now China is our main supplier of electronic goods."
