EU warned Germany against approving Chinese investment in Port of Hamburg

The European Commission (EC) warned the German government last spring not to approve an investment by China’s Cosco into Hamburg’s port.

It said that sensitive information about the business could make it into Chinese hands, German daily Handelsblatt has reported, citing sources.

Germany’s ruling coalition is divided over whether to let China’s Cosco take a stake in a Hamburg port terminal.

But Beijing has urged Berlin not to politicise the bid, and the Hamburg Port Authority has warned that refusing the deal could hurt the economy.

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