China eyes Ireland for business growth

Senior government officials in China’s economic powerhouse Shanghai have hailed their city’s twinning link with Cork as one of their most successful.

The officials — who have overseen phenomenal economic growth in the sprawling city, including a doubling of the value of its import-export business to Ireland alone since 2010 to a staggering $2.1bn (€1.88bn) — said they see further potential for growth and are anxious to work with Irish businesses.

And as they embark on an ambitious new economic development strategy to position Shanghai as one of the world’s leading science, research, and innovation hubs, they have issued an open invitation to Irish businesses to engage with them.