China president visits Greece port for $1 billion deal

Chinese President Hu Jintao is in Greece for a three-day visit, timed for the signing of a euro831.2 million ($1 billion) port deal.
China's Cosco Pacific Ltd. will receive a 35-year concession to manage two container wharfs at Greece's main port of Piraeus.
The agreement will be signed Tuesday. The Chinese port operator announced details of the deal last month.
Hu arrived Monday and will fly to Beijing on Wednesday following talks in Athens with President Karolos Papoulias and Prime Minister Costas Karamanlis.