Australia to Buy Darwin Port Lease From Chinese Firm: PM

File image of Australian Prime Minister Antony Albanaese. MIKE BOWERS / AFP

Australia plans to buy back control of its strategic northern port of Darwin from the current Chinese leaseholder, Prime Minister Anthony Albanese said Friday.

China’s Landbridge group was granted a 99-year lease on the port in 2015, a widely criticised decision that led to stricter scrutiny of major infrastructure sales.

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