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…
Type
Expert
