Federal government will not cancel Chinese company Landbridge's Port of Darwin lease

The federal government has announced that it will not strip a Chinese company of the Darwin port lease, just weeks before Prime Minister Anthony Albanese visits Beijing.

Mr Albanese said last year that the Department of Prime Minister and Cabinet would review the 99-year lease held by the Australian subsidiary of Chinese company Landbridge. Landbridge is reported to have links to the People's Liberation Army of China, and the US Obama administration raised concerns with the Turnbull government after the Northern Territory awarded it to the company in 2015.The controversial lease Darwin Port remains in the spotlight amid China’s new security pact with Solomon Islands.

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Australian government will not cancel Port of Darwin lease to Chinese companyThe Australian government has announced it will not cancel its Port of Darwin lease to a Chinese company. In June 2022 only weeks after Prime Minister Anthony Albanese came into power he announced a review into the Port of Darwin lease. The lease was a 99-year-lease to Chinese firm Landbridge by the Northern Territory government.
Source: SkyNewsAust - 🏆 7. / 78 Read more »