China Merchants’ Acquisition of Two Port Terminals in India and Vietnam Delayed, Reason Subject to Speculation
Posted Wednesday, September 2, 2020 at 5:45pm
On August 28, state-owned China Merchants Port Holdings (CMPH) disclosed that the acquisition of two port terminals that were part of a portfolio of 10 global terminals acquired by the company as a result of an agreement with French shipping conglomerate CMA CGM have been stalled due to pandemic-related delays. It is being speculated, however, that these delays, which are affecting a 50% stake in Mundra Port in India and a 25% stake in the ...
Posted Tuesday, September 1, 2020 at 2:49pm
On August 27, Australia’s federal government indicated that a newly proposed foreign investment security law would grant the government authority to retrospectively review and potentially veto agreements made between local governments and public institutions in Australia, with foreign governments (such as China).
Posted Tuesday, September 1, 2020 at 2:47pm
On August 28, citing domestic intelligence agencies as their source, the Indian media reported that China has been laying fiber optic cables and associated equipment for 5G connectivity in disputed border regions with India since early August 2020. Per these reports, 5G connectivity is being established in the disputed Demchok area along India’s and China’s Line of Actual Control. There are also reports that the People’s Liberation Army ...