Chinese owner of Australia's Darwin Port rejects security worry

Landbridge executive insists 99-year lease 'purely commercial'

20210526 Darwin Port Landbridge

Landbridge Group executive Vincent Lai warned the company will demand compensation if Australia cancels its lease over Darwin Port.  © Reuters

ZACH COLEMAN, Nikkei Asia deputy editor

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.

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