China Criticises Port Buyback

Sydney, May 26: China’s ambassador in Australia has condemned a push to block a Chinese company running a strategically important Australian shipping port, calling it “ethically questionable”.
The Landbridge group was granted a 99-year lease on the northern port of Darwin in 2015, a widely criticised decision that led to stricter scrutiny of major infrastructure sales.
Prime Minister Anthony Albanese last month said the port should be “in Australian hands” and vowed to buy back control of the “strategic asset”.
But ambassador Xiao Qian urged Canberra to honour its contract with Landbridge, a sprawling energy and infrastructure firm increasingly setting its sights beyond China.

Chinese ambassador lashes Australian plan to buy back key port.
Chinese ambassador lashes Australian plan to buy back key port.

“Such an enterprise and project deserves encouragement, not punishment,” he said, according to a transcript published on the Chinese embassy’s website over the weekend.
“It is ethically questionable to lease the port when it was unprofitable and then seek to reclaim it once it becomes profitable.”
Albanese had criticised Australia’s former conservative government for “flogging off” the port to “a company with links to the Chinese government”.
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. – © Agence France-Presse

In response to growing speculation, Landbridge Australia issued the following statement:

Statement from Landbridge
Issued 26 May 2025
Attributable to Terry O’Connor, Non-Executive Director, Landbridge Australia

Landbridge has not received any formal engagement from any level of government to date.
Operations at Darwin Port remain business as usual, with a continued focus on growth and long-term development.
During the Ambassador’s recent visit to Darwin, representatives from Darwin Port provided him with a guided tour of the facility.
We welcome the Ambassador’s positive remarks regarding the port’s operations and its ongoing contribution to the Northern Territory economy.

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