Germany at odds over Chinese investors | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Differences in Germany's government have held up a bid by Chinese shipping giant COSCO to acquire a stake in the Hamburg port. It's not the first time the government's concerns have slowed China's expansion into Germany.
Germany activated an emergency plan to help Europe’s largest economy manage limited energy supplies as concerns mount that Russia could shut off natural gas deliveries.
The government in Berlin initiated the first of three possible phases of the plan to deal with squeezed energy supplies, German Minister of Economic Affairs and Climate Action Robert Habeck told a news briefing yesterday.
The first phase involves intensive monitoring of gas consumption and reserves.
The move came after Russia said that energy payments be made in rubles instead of euros or US dollars, a demand that German government officials have rejected. Germany’s main energy suppliers