Germany agrees on compromise over China port bid | DW News

The German cabinet agreed on a compromise in the dispute over Chinese shipping giant Cosco buying a stake in a Hamburg port terminal. The compromise allows Cosco to take a stake "below 25 percent" instead of the the initially planned 35%. The initial deal was widely criticized as it would have given Cosco a major stake in Germany's largest port. A dispute between German Chancellor Scholz and several government ministries, leading to the negotiation of the newly-announced compromise.