Security Concerns: Federal Government Halts China Deal in Hamburg
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The German federal government has blocked the planned acquisition of 80 percent of Hamburg logistics company Zippel by Chinese state-owned shipping company Cosco. Security concerns and fears of strategic dependencies in logistical support for the German armed forces and NATO led to the decision.
Source: euronews.com
Same event
- Hamburg Port - Report: Federal Government Wants to Stop Chinese Takeover of Logistics Company Zippel
- Security Concerns: Federal Government Halts China Deal in Hamburg
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