Germany allows controversial Chinese stake in Hamburg port

Under the compromise agreed by Scholz's cabinet, Chinese shipping giant Cosco will be allowed to buy a stake "below 25 percent" in the Tollerort container terminal owned by HHLA, the economy ministry said in a statement. "The reason for the partial prohibition is the existence of a threat to public order and safety," said the ministry.

from News-Economic Times https://ift.tt/ZOdRurx

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