Tag: world bank

China Exploits Global Institutions to Cling to Darwin Port Control

China's Landbridge Group is using global institutions to fight for control of Darwin Port, lodging a landmark case with the World Bank's International Centre for Settlement of Investor Disputes, claiming Australia's attempts to terminate its lease would breach their free-trade agreement. This move is seen as a strategic ploy to delay or constrain Australian decisions, exploiting legal processes to maintain its grip on the port.