Total 11 Posts
On Friday, the Australian Department of the Prime Minister and Cabinet announced that, based on its review of the circumstances of the lease of the Port of Darwin, it would not vary or cancel a 99 year lease of the Port to Chinese company Landbridge Group.
Chinese cargo cranes in U.S. ports are the latest area of concern for American politicians worried about Chinese spying.
The Chinese antitrust agency is now conducting an anti-monopoly review on an Egyptian joint venture in which Chinese shipping company COSCO has a share.
Last week, the U.S. House of Representatives passed the annual defense spending bill, which includes a number of provisions that address various China trade and economic issues. The Senate is expected to vote on the bill this week.
During a visit by Pakistan's prime minister to Beijing, Chinese leaders reaffirmed commitments to work with Pakistan on port and railway building, trade expansion, and financial stability.
German Chancellor Olaf Scholz seems to be sending friendly signals toward Beijing ahead of his state visit early next month, with the latest effort being help in crafting a compromise on a Chinese company's purchase of a minority stake in a container port in Hamburg.
A proposed purchase by a Chinese company of a stake in an important German port has led to divisions within the German government, and prospects for regulatory approval are uncertain.