Germany to Block COSCO's Acquisition of Hamburg Logistics Firm Zippel

Germany's government is set to block COSCO's acquisition of Hamburg-based logistics company Zippel, citing serious security concerns from several ministries. This marks a further tightening of German investment screening toward Chinese state-owned entities, following the earlier partial block of COSCO's stake in Hamburg's container terminal. The move signals continued geopolitical friction in trade and investment between Europe and China.