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Darwin Port Tussle Highlights China-US Tension

Darwin Port Tussle Highlights China-US Tension

Bloomberg29-05-2025

Good morning, it's Angus here in Sydney. Here's what you need to know as we round out the week.
Today's must-reads (listens):
• Our podcast on the Port of Darwin showdown
• How many RBA rate cuts?
• Natural gas sector grapples with red tape
In 2015, Chinese company Landbridge was awarded a 99-year lease over the Port of Darwin. Now, Australia wants to take it back and put it into local hands. This week on the Bloomberg Australia podcast, Rebecca Jones speaks to government reporter Ben Westcott and senior editor Chelsea Mes about why Beijing is speaking out against that decision, and what role the US might play.

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