An investigation by German regional public broadcasters reported Wednesday that Scholz’s chancellery is pushing to approve efforts by Chinese state-owned shipping giant Cosco to buy a foothold in a container port in Hamburg, ignoring warnings from six federal ministries, including the Greens’ Vice Chancellor Robert Habeck, amid fears of risky economic over-dependence on Beijing.
how much are they paying him?
or is he really that stupid?
This happened in 2022 and it was a minority share at one terminal, so hardly as worrisome as suggested in the headline.
In itself probably harmless, but the general trend is concerning. We need a common european strategy to reduce chinese influence. Too often in the EU individual members act too much in what they think is their own best interest without considering what’s best for the EU, forcing other members to do the same leaving everyone worse off than if they had all acted together.
Perhaps, but in this case OP could have shared an article that objectively analyses the general trend, rather than a year-old article that exaggerates a single decision.
He’s the former mayor of Hamburg and Hamburg’s current mayor that he gave over the reigns to really wants it because I would assume that from a pure money perspective it might be lucrative for the city.
but when has privatizing public infrastructure ever gone well, especially under foreign leadership?
I don’t know, I’m not condoning the move. But either way it’s already owned by a private company (and I’m also not sure if it can be considered public infrastructure)
yeah, didn’t really think about the definition of “public” at time of commenting. still, selling off any piece of infrastructure to china is just plain dumb.
He already had shady deals going on when he was mayor of Hamburg. He may not be corrupt in the legal sense, but he is definitely in politics for himself first and foremost. I’d compare him to Hillary Clinton.
He is doing what is right for Germany. There is no reason to pick a fight with China.