News

Search News
Categories
Filter
Experts
Date Range
In the News

What Are The Chinese Up To In Australia?

The crocodile-infested shores of Darwin, Australia will soon be welcoming a new, long-term guest: the Chinese. The Northern Territory government signed a 99-year lease valued at US$506 million that will turn the daily operations of Darwin Port over to China’s Landbridge Group. The deal gives the Chinese firm 100-percent operational control of the port and 80-percent ownership of Darwin Port land, facilities of East Arm wharf (to include a marine supply base), and Fort Hill wharf...

In the News

Despite Deal, More Budget Battles Loom

“I think lawmakers will wrestle with … how to overcome the modernization bow wave facing DoD,” said Jacob Cohn, a defense analyst at the Center for Strategic and Budgetary Assessments. “I would not be surprised if the buys are truncated.”