Germany's government agreed on a compromise Wednesday that will allow a Chinese shipping group to take a smaller stake in the operator of the country’s biggest container terminal following concerns the deal might pose a national security risk.
German Chancellor Olaf Scholz' Cabinet agreed to allow COSCO Shipping to acquire a 24.9% stake - instead of the previously planned 35% — in the Tollerort terminal of Hamburg port logistics company HHLA, German news agency dpa reported.
