A Fight Is Brewing Over Chinese Money in Norway
It’s back to the good old days of globalization in Norway—at least for some. A small town needs an investor for a major piece of infrastructure, and in certain foreign nations there are investors with deep pockets to be found. Local politicians energetically court the investor, who has money to spare and is keen to spread it around the world. Hooray! There’s hope for the town’s future!
This, alas, is 2024, and the piece of infrastructure concerned is the port in Kirkenes, Norway—which also happens to be the NATO port closest to Russia. The magnanimous investor: China’s state-owned shipping giant COSCO.… Seguir leyendo »