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 ...
Market regulator empowered to put limits on sale or even halt deal under Anti-Monopoly Law, legal experts explain.
Regulators in Beijing have been told in recent weeks to hold back on granting approvals for Chinese companies wishing to ...
An expected delay in a key step in CK Hutchison's planned sale of its Panama ports to a U.S. group, a deal blasted by Chinese ...
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 ...
President Trump has championed the deal, calling it a significant step in bolstering hemispheric defense and reducing China’s ...
A cargo ship sails past the Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Panama, March 13 ...