China Investigates CK Hutchison’s $19 Billion Panama Canal Ports Sale to BlackRock

The deal has intensified US-China tensions, with Beijing citing antitrust and national security concerns while Hong Kong calls for fair treatment of its enterprises.

• CK Hutchison, owned by billionaire Li Ka-shing, is selling its Panama Canal ports and 43 other global ports to a BlackRock-led consortium for $19 billion.
• China has launched investigations into the deal, citing potential antitrust and national security violations, expressing anger over CK Hutchison bypassing Beijing's approval.
• The Panama Canal ports, located at critical Atlantic and Pacific endpoints, handle 3-5% of global maritime trade, highlighting their strategic importance.
• US President Donald Trump sees the deal as a political win, aligning with his stance on reducing China's influence over the Panama Canal.
• Hong Kong leader John Lee emphasized compliance with local laws and urged foreign governments to ensure fair treatment for Hong Kong businesses.

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