China criticises Australia’s effort to return Darwin port to native possession | Forexlive

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China’s ambassador to Australia has criticised Canberra’s plan to return Darwin Port to native possession, arguing the Chinese agency operating it, Landbridge, shouldn’t be penalised.

Prime Minister Albanese mentioned in April the federal government would drive a sale on nationwide curiosity grounds.

The port was leased to Chinese firm Landbridge in 2015 for 99 years. The Chinese embassy mentioned it was unfair to reclaim the port now that it has change into worthwhile, calling the transfer ethically questionable. Landbridge says the port isn’t on the market.

This will probably be one thing to keep watch over for Aus/China relations.

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