How closed is the country really to foreign investors?

Freighter of the Chinese shipping company Cosco in the port of Hamburg

The entry of the shipping group at the container terminal in Tollerort was met with numerous counter-arguments. Not all were really true.

(Photo: Getty Images)

Dusseldorf At the end of October, the CSU deputy made it clear why Manfred Weber considers Cosco’s entry into the Port of Hamburg to be “the completely wrong signal for all of Europe”: “The Chinese government would never allow European state-owned companies to buy their infrastructure,” he said dpa news agency. “China prohibits foreign companies from investing in their infrastructure,” Foreign Minister Annalena Baerbock (Greens) said four days later in the ARD “Report from Berlin”:

The media has also been criticizing Chancellor Olaf Scholz’s (SPD) plan to sell a minority stake in the Hamburg container terminal in Tollerort to the Chinese state shipping company Cosco for days.

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