Germany’s Chancellor Olaf Scholz has apparently learned nothing from Germany’s fatal mistake of becoming dependent on Russian gas.
On October 26, Germany’s government decided to let the Chinese state-owned enterprise COSCO Shipping Ports, which has links to China’s People’s Liberation Army, buy a stake in the Port of Hamburg. COSCO is the world’s third-largest container carrier measured by capacity, and the fifth-largest port terminal operator in terms of the amount of cargo and vessels that it handles, according to German think-tank Merics. The Port of Hamburg is Germany’s largest port and the second-largest port in Europe, making it part of Europe’s most critical infrastructure.
