EconomyLens.com
No Result
View All Result
Wednesday, January 28, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

China’s ambassador warns Australia on buyback of key port

Natalie Fisher by Natalie Fisher
January 28, 2026
in Economy
Reading Time: 3 mins read
A A
0
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

China's Landbridge group was granted a 99-year lease on the Port of Darwin in 2015. . ©AFP

Sydney (AFP) – China will act to defend its companies’ interests if Australia forcibly buys back control of the strategic northern port of Darwin, Beijing’s ambassador has warned. China’s Landbridge group was granted a 99-year lease on the port in 2015, a widely criticised decision that led to stricter scrutiny of infrastructure sales. Prime Minister Anthony Albanese promised last year to buy back control, criticising the lease as short-sighted for both economic and national security reasons.

Related

Greenland blues to Delhi red carpet: EU finds solace in India

US Fed set to pause rate cuts as it defies Trump pressure

Trump warns of ‘bad things’ if Republicans lose midterms

Trump’s Iowa trip on economy overshadowed by immigration row

Mexico exports jump in 2025 despite US trade tensions

If Landbridge is obliged to give up the lease, “then we have an obligation to take measures to protect the Chinese company’s interest — that is our position,” ambassador Xiao Qian told Australian media on Wednesday. “We will see when it’s time for us to say something, do something, to reflect the Chinese government’s position and protect our Chinese companies’ legitimate interests,” he said. The ambassador warned that retaking control of the port could affect Chinese companies’ investment, cooperation and trade with the Darwin region. “That is not in the interest of Australia either.”

Australia’s prime minister said his government had already made it clear that it disagreed with the port’s sale to “non-Australian interests.” “We are committed to making sure that that port goes back into Australian hands because that is in our national interest,” he told reporters Wednesday during a visit to East Timor. Darwin lies closest to Australia’s Asian neighbours and has been used as a base for US Marines. At the time of the agreement, then-US president Barack Obama reportedly complained that Washington had not been told of Australia’s plan to do business with Landbridge.

© 2024 AFP

Tags: Chinainfrastructurenational security
Share8Tweet5Share1Pin2Send
Previous Post

Samsung logs best-ever profit on AI chip demand

Next Post

Venezuelans eye economic revival with hoped-for oil resurgence

Natalie Fisher

Natalie Fisher

Related Posts

Economy

Germany takes aim at ‘bureaucratic jungle’ with welfare reforms

January 27, 2026
Economy

Spain to regularise 500,000 undocumented migrants

January 27, 2026
Economy

Spain unemployment drops below 10% in first since 2008

January 27, 2026
Economy

Trump says hiking tariffs on South Korean goods to 25%

January 27, 2026
Economy

EU, India successfully conclude major trade deal: New Delhi

January 26, 2026
Economy

North Sea nations vow to boost wind power for energy independence

January 27, 2026
Next Post

Venezuelans eye economic revival with hoped-for oil resurgence

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

81

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Venezuelans eye economic revival with hoped-for oil resurgence

January 28, 2026

China’s ambassador warns Australia on buyback of key port

January 28, 2026

Samsung logs best-ever profit on AI chip demand

January 28, 2026

Samsung Electronics posts record profit on AI demand

January 28, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.