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German Chancellor Olaf Scholz backs China, ignores government warnings in Hamburg port deal, report says (www.politico.eu)

submitted 1 year ago by 0x815@feddit.de to c/europe@feddit.de

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An investigation by German regional public broadcasters reported Wednesday that Scholz's chancellery is pushing to approve efforts by Chinese state-owned shipping giant Cosco to buy a foothold in a container port in Hamburg, ignoring warnings from six federal ministries, including the Greens' Vice Chancellor Robert Habeck, amid fears of risky economic over-dependence on Beijing.

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[–] barttier@feddit.de 22 points 1 year ago (1 children)

We didn't agree. He is elected and we can't do anything about it. Trust me, most of us aren't happy about that decision. We try to get rid of him in the next election. Selling tax payed public stuff to our disadvantage sadly has tradition in Germany (telephone lines, railroad)

[–] Muetzenman@feddit.de 3 points 1 year ago (1 children)

Railroad is still 100% Bund owned.

[–] barttier@feddit.de 0 points 1 year ago* (last edited 1 year ago)

Yeah, but for profit. Since Die Bahn was changed into an AG it is also mismanaged. This really turned out great.