Germany compromises on China’s Cosco deal to buy stake in Hamburg port

The German government has agreed on a compromise over a controversial Chinese investment in a port in Hamburg — the country’s biggest container terminal. The scale of the purchase has been limited to below 25% of the container terminal, down from the 35% initially planned. Factions of the government have clashed over China’s Cosco investment in the port. The compromise comes ahead of Chancellor Olaf Scholz’s visit to China next week.

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