China criticises Australia’s effort to return Darwin port to local ownership

China’s ambassador to Australia has criticised Canberra’s plan to return Darwin Port to local ownership, arguing the Chinese firm running it, Landbridge, should not be penalised.

Prime Minister Albanese said in April the government would force a sale on national interest grounds.

The port was leased to Chinese company Landbridge in 2015 for 99 years. The Chinese embassy said it was unfair to reclaim the port now that it has become profitable, calling the move ethically questionable. Landbridge says the port is not for sale.

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This will be something to keep an eye on for Aus/China relations.

This article was written by Eamonn Sheridan at www.forexlive.com.