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German Chancellor Olaf Scholz backs China, ignores government warnings in Hamburg port deal, report says(www.politico.eu)

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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.

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Yeah, but for profit. Since Die Bahn was changed into an AG it is also mismanaged. This really turned out great.

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