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Australia To Review 99-Year-Lease Of Port To Chinese Firm: Report

Australia To Review 99-Year-Lease Of Port To Chinese Firm: Report

NDTV
Monday, May 03, 2021 01:18:02 AM UTC

Defence officials are checking if Landbridge Group, owned by Chinese billionaire Ye Cheng, should be forced to give up its ownership of the port in Darwin, the capital of the Northern Territory, on national security grounds, the newspaper said.

Australia will review the 99-year-lease of a commercial and military port in its north to a Chinese firm, the Sydney Morning Herald reported late on Sunday, a move that could further inflame tensions between Beijing and Canberra. Defence officials are checking if Landbridge Group, owned by Chinese billionaire Ye Cheng, should be forced to give up its ownership of the port in Darwin, the capital of the Northern Territory, on national security grounds, the newspaper said. Australia's national security committee has asked the defence department to "come back with some advice" on the lease and the review is underway, Defence Minister Peter Dutton was quoted as saying in the report. The defence department, the Australian offices of Landbridge and the Chinese embassy in Canberra did not immediately respond to requests for comment.
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