APM Terminals expects to sign a more than 3 billion Danish crowns ($502.82 million) investment deal on a new container terminal in China, a company spokesman said.

Further information about the partnership and location will be released during a visit to Denmark by Chinese President Hu Jintao, Maersk spokesman Michael Storgaard said on commercial broadcaster TV2 News.

"We expect to sign a deal regarding an investment of over 3 billion crowns in a new port in China," he said. (Reuters)