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Germany and COSCO of China sign port agreement for Hamburg

Published On 12 May 2023 12:55 PM


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The extent to which Germany's economy is dependent on China is becoming increasingly worrisome. Nevertheless, the government has given its blessing to a contentious transaction that would see the Chinese giant COSCO acquire a section of the Hamburg port. A controversial deal that will see the Chinese shipping company COSCO acquire a minority stake in a container terminal at Hamburg port has been awarded final permission by the German gover....


Tags : COSCO, Hamburg, government, business,
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