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.
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.