But the deal hailed by Donald Trump as a way to regain American control of the Panama Canal seems to get more complicated by ...
U.S. President Donald Trump has celebrated the BlackRock-CK Hutchison deal, while China and pro-Beijing voices have ...
Hong Kong conglomerate CK Hutchison and its owner Li Ka-shing have found themselves in the crosshairs of the Chinese government over a multibillion-dollar port deal, which received heavy criticism in ...
Market regulator empowered to put limits on sale or even halt deal under Anti-Monopoly Law, legal experts explain.
Danish shipping powerhouse A.P. Moller-Maersk A/S purchased a railway linking ports at both ends of the Panama Canal, undermining the US’s presence along a key trade route where Donald Trump is trying ...
Hong Kong company CK Hutchison's $22.8 billion deal to sell dozens of ports was originally to be inked on April 2.
However, in a surprise twist, China's State Administration for Market Regulation launched an investigation into potential violations of anti-monopoly laws, effectively freezing the sale. This abrupt ...
Foreign Ministry spokesman Guo Jiakun reiterated on Monday that China will review the sale of two ports on the Panama Canal ...
The transaction has drawn fierce criticism from influential Chinese political offices, including the mainland’s Liaison ...