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The Latest Breaking News from Cosco

China's president will unveil a megaport in Peru, but locals say they're being left out

A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco

The Independent UK

China's COSCO Launches World's Largest Electric Container Ship

Discover the world's largest electric container ship, Greenwater 01, showcasing China's leadership in sustainable maritime innovation.

Top News

Chinese-backed port project in Peru to be the 'gateway from South America to Asia,' official says

Dozens of cranes lift blocks weighing several tons and drop them to compact the soil of a roughly one-square-mile area on Peru’s Pacific coast, part of China’s most ambitious port project in Latin America designed to facilitate trade between the regions

The Independent UK

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read the most diverse news in one place.

Germany says controversial Chinese stake in Hamburg port to go ahead

Berlin (AFP) - The German government said Wednesday that it would allow a Chinese firm to buy a stake in a Hamburg port, after the terminal was classed as critical infrastructure.

AFP

Cosco’s Egypt Terminal Project Enters Antitrust Review

Chinese shipping giant and partners Hutchison Ports and France’s CMA CGM plan to co-develop and operate a container unit at the Suez Canal

Caixin Global

How the German government was divided by a Chinese investment in the Port of Hamburg

The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works since September 2021 and was championed by the chancellor (and Hamburg’s former mayor), Olaf Scholz.

The Conversation

China calls on Germany to protect access amid chip scrutiny

China’s government has appealed to Germany to maintain access to its markets after a company said Berlin may block the sale of a computer chip factory to a Chinese-owned buyer

The Independent UK

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Germany may block sale of chip factory to Chinese-owned firm

The German government may decide this week to block the sale of a chip factory to a Swedish subsidiary of a Chinese company

The Independent UK

German Chancellor Scholz asks China for economic ties 'as equals'

Germany's Olaf Scholz said Friday on his first visit to China as chancellor that he sought a deeper economic relationship with Beijing but expected equal treatment.

France 24

Why Western leaders are warily watching the German leader's trip to China

As German Chancellor Olaf Scholz heads to China to meet with President Xi Jinping on Friday, he is under political pressure at home, and from Washington, to rethink Berlin's relationship with Beijing.

WEKU

Germany's Scholz makes difficult visit to assertive China

Chancellor Olaf Scholz is making his first visit to China as German leader this week, a diplomatically delicate trip while Germany and the European Union work on their strategy toward an increasingly assertive and authoritarian Beijing

The Independent UK

G7 to work together on winter aid for Ukraine, Germany says

Group of Seven foreign ministers gathered on Thursday to weigh how to support Ukraine through the winter in the face of Russian attacks on its power grid as well as deal with China's growing assertiveness and Iran's crackdown on protests.

Reuters

Germany’s Scholz heads to China amid questions over strategy

Scholz’s coalition government seems uncertain about what sort of relationship it wants with Beijing

The Guardian - UK

Germany allows controversial Chinese stake in Hamburg port

Berlin (AFP) - Germany's coalition government on Wednesday allowed a Chinese firm to buy a reduced stake in a Hamburg port terminal, after Chancellor Olaf Scholz resisted calls to ban the controversial sale outright over security concerns.

AFP

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AFP

Germany allows smaller Chinese stake in Hamburg port

Berlin (AFP) - Germany's coalition government on Wednesday allowed a Chinese firm to take a smaller-than-planned stake in a Hamburg port, after Chancellor Olaf Scholz resisted calls to ban the controversial sale outright.

The Independent UK

Germany finds compromise over Chinese stake in Hamburg port

Germany's government has agreed on a compromise to allow a Chinese shipping group to take a smaller stake in the operator of the country’s biggest container terminal

AFP

Germany eyes reduced China stake in Hamburg port to end row

Berlin (AFP) - Germany's government is eyeing a compromise that would allow a Chinese firm to take a smaller-than-planned stake in a Hamburg container terminal, after Chancellor Olaf Scholz rejected banning the sale outright.

The Independent UK

Allies blast Scholz over Chinese investment in German port

Lawmakers from two junior governing parties have slammed plans for Chinese shipping company Cosco to take a major stake in the operator of Germany's biggest container terminal

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news in one place.

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Reuters

German spy chief: 'Russia is the storm, China is climate change'

Germany's intelligence service chiefs warned on Monday that China could use stakes in critical infrastructure as leverage to pursue political aims amid a debate in Berlin over whether to let Chinese shipping company Cosco invest in Hamburg port.

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