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[Chinese investment in the Port of Hamburg in Germany Green Party opposes the use of the federal government to let it automatically pass] On October 24, after COSCO Group's stake in the Port of Hamburg was opposed by the Green Party in Germany, it came out

author:Kong Fan in Paris

On October 24, after COSCO Group's stake in Hamburg Port in Germany was opposed by the Green Party, a possible compromise plan emerged: COSCO Group will acquire a 24.9% stake in the "Fudi" container terminal instead of the 35% previously planned. Shareholders only have veto power if they hold 25% or more of the shares.

However, the previous plan is still possible, and the other 10% of the equity will still be transferred during the "freezing period", as long as the Chinese side proves itself to be a reliable partner during the "freezing period".

Of course, China is a reliable partner! In today's world, is there a more reliable partner than China?

Therefore, COSCO will take 35% of the shares by then, which will not be a problem.

Because of the "critical infrastructure" involved in Germany, the deal required approval from the German government. Currently, the review process is underway and will continue until Oct. 31, and the federal government can block the transaction until the end of the review period. Indications are that a decision to block the takeover altogether may not be possible at the cabinet level, as the Prime Minister's Office has not yet put the matter on its agenda. And if the cabinet fails to veto this week, the takeover will be considered approved procedurally.

Scholz was very clever in this move, ignoring the quarrels of the Green Party, which did not understand economic parties, and reached this plan through cold treatment before visiting China.

[Chinese investment in the Port of Hamburg in Germany Green Party opposes the use of the federal government to let it automatically pass] On October 24, after COSCO Group's stake in the Port of Hamburg was opposed by the Green Party in Germany, it came out
[Chinese investment in the Port of Hamburg in Germany Green Party opposes the use of the federal government to let it automatically pass] On October 24, after COSCO Group's stake in the Port of Hamburg was opposed by the Green Party in Germany, it came out
[Chinese investment in the Port of Hamburg in Germany Green Party opposes the use of the federal government to let it automatically pass] On October 24, after COSCO Group's stake in the Port of Hamburg was opposed by the Green Party in Germany, it came out

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