US EditionChina warns Panama ports deal firms to 'proceed with caution'
- China urged caution regarding CK Hutchison's March 2025 sale of Panama Canal ports to a US-led consortium, citing legal concerns.
- The sale follows pressure from US President Donald Trump, who has not ruled out military action to 'take back' the waterway allegedly under Chinese influence.
- CK Hutchison, a conglomerate linked to Hong Kong tycoon Li Ka-shing and incorporated in the Cayman Islands, stressed that the deal complies fully with legal requirements amid criticism from Beijing.
- Chinese commerce official He Yongqian warned that no deal may proceed without Beijing's approval and urged parties to 'proceed with caution,' warning of legal liability otherwise.
- Beijing's investigation into the $23 billion deal suggests potential broader impacts on Hong Kong’s business environment and the region's geopolitical tensions.
23 Articles
23 Articles
China warns Panama ports deal firms to ‘proceed with caution’
China urged parties involved in Hong Kong conglomerate CK Hutchison's sale of Panama Canal ports to exercise "caution" Thursday, warning of legal consequences should they proceed without clearance from Beijing. The Hong Kong firm's attempt to sell most of its port operations to a US-led consortium was first announced in March after weeks of pressure
Daily Journal
China warns Panama ports deal firms to 'proceed with caution'
China urged parties involved in Hong Kong conglomerate CK Hutchison's sale of Panama Canal ports to exercise "caution" Thursday, warning of legal consequences should they proceed without clearance from Beijing.
China warns Panama ports deal firms to 'proceed with caution' - India Seatrade News
China urged parties involved in Hong Kong conglomerate CK Hutchison’s sale of Panama Canal ports to exercise ‘caution’ Thursday, warning of legal consequences should they proceed without clearance from Beijing. The Hong Kong firm’s attempt to sell most of its port operations to a US-led consortium was first announced in March after weeks of pressure from Donald Trump. The US president has refused to rule out military intervention to ‘take back’ …
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