The Ver.di union accuses Cosco Shipping in Hamburg of wage violations because the Chinese shipping company wants its containers to be secured by its own seafarers. At least, that's the apparent issue. Because behind the dispute lies a political matter.
By Christian Domke Seidel
Cosco was barred from acquiring a stake in a German port terminal with voting rights. But now its equally large competitor MSC is even allowed to acquire half of the entire port operator HHLA. MSC, however, is not only suspected of being involved in mafia-like operations, but also has growing ties with China. This is revealed by a secret meeting in Shanghai. Even a formal alliance with Cosco is under discussion.
By Frank Sieren
The acquisition of a stake in the Hamburg container terminal Tollerort by the Chinese Cosco Group has not yet been sealed, even after the decision deadline has expired. Talks about details are still ongoing behind closed doors.
By Christiane Kuehl
The partial sale of the Hamburg port terminal marked a tipping point in the perception of China by the German public. Concerns about growing dependence now reached segments of the population for whom Beijing's industrial policy previously meant nothing more than boring news in the business section. Olaf Scholz also takes this baggage with him on his first trip to China as German Chancellor.
By Marcel Grzanna
Joerg Wuttke, President of the EU Chamber of Commerce in China, considers Xi Jinping's new leadership team an echo chamber without any objections. For Xi, security and stability are now more important than market economy and innovation. For this very reason, he believes it is now more important than ever to speak with China. He considers Chancellor Olaf Scholz's visit to Beijing, as well as the sale of shares in the Port of Hamburg, to be sensible and important. Frank Sieren spoke with Wuttke.
By Frank Sieren
Against all odds, Scholz pushed through the port deal with Cosco in Hamburg. This cost him significant political capital in the governing coalition and the federal states. He even angered the city's sinologists, who are usually rather reserved on political issues. Meanwhile, business representatives warn against "China-bashing".
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Following China.Table's exclusive coverage of a compromise on Cosco's stake in the port of Hamburg, the discussion about Chinese investments is heating up. Politicians of various groups are calling for more distance from China. Meanwhile, the Port of Duisburg also has to answer for its relationship with Cosco.
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The dispute over the planned stake of the Chinese state-owned company Cosco in a container terminal at the Port of Hamburg is coming to a head. Both the Green Party and the opposition increase the pressure on Chancellor Olaf Scholz. But it appears he wants to sit out the conflict.
By Michael Radunski
