Beijing’s move to block the sale of CK Hutchison’s overseas port division to BlackRock and Mediterranean Shipping Co (MSC) reflects its strategic interest in maintaining control over key maritime infrastructure.
CK Hutchison’s subsidiary, Hutchison Ports, a major global player, operates 43 ports with 199 berths across 23 countries, and the potential sale deal could shift influence over critical geopolitical assets.
Hutchison Ports’ network includes key strategic locations in Felixstowe (UK),...
https://container-news.com/china-moves-to-block-ck-hutchison-deal/