Reported about 11 hours ago
CK Hutchison, a Hong Kong-based conglomerate, faces criticism from Beijing over its sale of a Panama Canal port operator to a BlackRock-led consortium, raising concerns about national security and competition. Chinese authorities may explore legal actions to scrutinize the deal, despite the assets being outside their jurisdiction. The implications include potential disruptions to Chinese supply chains and a review under national security laws, suggesting that collusion or espionage allegations could come into play.
Source: YAHOO