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	<title>Hamburg port &#8211; Cargo News Today</title>
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	<title>Hamburg port &#8211; Cargo News Today</title>
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		<title>China Says U.S. has &#8216;No right&#8217; to Interfere in Hamburg Port Deal</title>
		<link>https://cargonewstoday.com/china-says-u-s-has-no-right-to-interfere-in-hamburg-port-deal/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 03 Nov 2022 11:40:41 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Germany]]></category>
		<category><![CDATA[Hamburg port]]></category>
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					<description><![CDATA[<p>The post <a rel="nofollow" href="https://cargonewstoday.com/china-says-u-s-has-no-right-to-interfere-in-hamburg-port-deal/">China Says U.S. has &#8216;No right&#8217; to Interfere in Hamburg Port Deal</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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			<p>The U.S has &#8220;no right&#8221; to interfere in Chinese cooperation with Germany, China&#8217;s foreign ministry said Thursday, after Washington cautioned against Beijing getting a controlling stake in Hamburg&#8217;s port terminal.</p>
<p>U.S. interference is symptomatic of its practice of coercive diplomacy, foreign ministry spokesman Zhao Lijian told reporters at a daily briefing in Beijing.</p>
<p>&#8220;Pragmatic cooperation between China and Germany is a matter for the two sovereign countries, the United States should not attack it without reason and has no right to meddle and interfere,&#8221; Zhao said Thursday, a day before German Chancellor Olaf Scholz was due in Beijing for a one day visit where he is expected to meet President Xi Jinping.</p>
<p>Chinese shipping giant Cosco made a bid last year to take a 35% stake in one of logistics firm HHLA&#8217;s three terminals in Germany&#8217;s largest port, but Germany&#8217;s coalition was divided over the deal.</p>
<p>Last week the German cabinet approved a 24.9% stake investment by Cosco in what an economy ministry source described as an &#8220;emergency solution&#8221; to approve the deal but mitigate the impact.</p>
<p>The approved investment does not give Cosco any say in management or strategic decisions.</p>
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<p>The post <a rel="nofollow" href="https://cargonewstoday.com/china-says-u-s-has-no-right-to-interfere-in-hamburg-port-deal/">China Says U.S. has &#8216;No right&#8217; to Interfere in Hamburg Port Deal</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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