Defense Dept. Reviewing Lease Of Darwin Port To Chinese Firm
May 04 2021
Australia is reviewing the 99-year lease of a commercial and military port to a Chinese firm under critical infrastructure legislation passed subsequently, reports the Sydney Morning Herald.
Prime Minister Scott Morrison has tasked the Australian Defense Dept. to review the lease on the Port of Darwin under the 2018 law.
The Landbridge Group, owned by Chinese billionaire Ye Cheng, signed an Aus$506 million (US$392 million) lease with the Northern Territory government in 2015 giving...
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