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Not Tearing up Beijing’s 99-year Lease on the Port of Darwin Is a Grave Mistake

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20 October 2023
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Not Tearing Up Beijing's 99-year Lease on the Port of Darwin Is a Grave MistakeCommentary The decision by the Australian government not to cancel the 99-year lease of the Port of Darwin to a Chinese company is a worrying development. The Port of Darwin was leased to Landbridge Group by the Northern Territory Country Liberal government in 2015. The lease was priced at $506 million (US$320 million). The awarding of the contract to Landbridge came just a few years after the United States posted the first of an ongoing rotation of U.S. marines in Darwin. The U.S. presence in the Northern Territory has increased since then. The Northern Territory, Darwin in particular, is a critical element in Australia’s defence....

Read more https://www.theepochtimes.com/opinion/not-tearing-up-beijings-99-year-lease-on-the-port-of-darwin-is-a-grave-mistake-5513835

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