CK Hutchison of Hong Kong Seeks Chinese Partner for Panama Ports Sale

Reported about 10 hours ago

CK Hutchison Holdings from Hong Kong is looking for a Chinese investor to join its consortium to sell port assets at the Panama Canal, a step that might appease Beijing but could attract additional scrutiny from the U.S. The conglomerate, facing backlash from Chinese authorities and criticism in state media for its initial deal involving U.S. investors, aims to restructure the consortium for receiving necessary approvals amid the geopolitical tension between the U.S. and China.

Source: YAHOO

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