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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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[–] Banik2008@infosec.pub 6 points 1 year ago (21 children)

First they decide to get all their gas exclusively from Russia, which, as it happens, turned out not to be such a great idea. Now they want to sell their biggest port to China.

It seems that Germans just never learn.

[–] JoCrichton@lemmy.world 10 points 1 year ago

One terminal 35% stake It’s still not great but let’s not blow things out of proportions.

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