Germany has agreed to sell a stake in the port of Hamburg to a Chinese company in what is bound to be seen as a highly controversial deal putting Germany in a position of dependency to Beijing. Euronews reported that the German government had given COSCO the green light to acquire a stake of less than 25 in the port of Hamburg. This was a much lower interest than the initial plan, which saw the Chinese company acquiring 35 percent in the piece of critical infrastructure. The economy ministry of Germany said this decision prevented the Chinese company…
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