HONG KONG -- The Chinese operator of the Australian port of Darwin on Wednesday defended the company's investment as "purely commercial," rejecting security concerns that spurred Canberra this month to launch a review of its 99-year lease.
Landbridge executive insists 99-year lease 'purely commercial'
Landbridge Group executive Vincent Lai warned the company will demand compensation if Australia cancels its lease over Darwin Port. © Reuters
HONG KONG -- The Chinese operator of the Australian port of Darwin on Wednesday defended the company's investment as "purely commercial," rejecting security concerns that spurred Canberra this month to launch a review of its 99-year lease.