Cosco has made it

With the purchase of a minority stake in Container Terminal Tollerort, China has taken another strategic step in Europe. All reservations have been put aside.

Despite numerous warnings and concerns, including its own, the Federal Ministry of Economics has cleared the way for the Chinese state-owned group Cosco to acquire a 24.9 per cent stake in Hamburg's Tollerort Container Terminal (CTT) after months of scrutiny in a highly critical process, probably at the instigation of the Federal Chancellery.