MH.Yang
SENIOR MEMBER

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BASF, BMW, VW and other enterprises have invested tens of billions of euros in China. And they transfer factories to China, not financial capital.thats a leap. You really ought to put down that Xi koolaid. I asked you to justify your claim that Hamburg port 'belongs' to China but instead you went on a tangent.
By the way BMW announced an investment of 1.7 Billion USD in a battery plant in the US. As did Mercedes, BASF and other large German businesses - so what? Besides the US is by far the largest FDI investor in Germany - so what? If German businesses invests a few billion dollars in Dutch Antilles does that mean Germany is now an ally to that country?
Influenced by energy prices and wars, European capital is indeed flowing out on a large scale. Financial capital flows to the United States and industrial capital flows to China.
BTW: COSCO Group has obtained the operation right of Hamburg Port. And COSCO Group is about to acquire more equity.
Four of the world's seven largest shipping companies are from China. It is inevitable for Chinese enterprises to acquire and build global ports.
There are more than 100 overseas ports leased and controlled by China, such as Haifa Port and Ashdod Port in Israel, Kumport Port in Turkey, Tinkan Port in Nigeria, Lome Port in Togo, Kyaukpyu Port in Myanmar, Suez Port in Egypt, Lecheng Port in Papua New Guinea, and Balanagua Port in Brazil. The top ten ports in the world, except Singapore Port and Hedland Port, are all controlled by China.
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