In a recent briefing, a spokesperson from the Chinese foreign ministry urged all parties involved in CK Hutchison Holdings Limited's ports deal to act prudently and keep full communication with the relevant Chinese departments. This comes amid reports that, except for the Panama Canal port, the sale of additional ports should proceed without issues under proper regulatory oversight.
Spokesperson Guo Jiakun emphasized that the State Administration for Market Regulation is set to review the deal according to the law. He warned that any steps taken to bypass this review or concentrate undertakings without approval may lead to legal consequences. This reminder underlines the importance of following due process in a rapidly evolving global trade landscape.
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Guo reiterated that the Chinese mainland remains committed to reform and opening up, welcoming overseas investment while firmly opposing economic coercion. This approach reflects a broader dedication to fair practices and regulatory integrity in today’s interconnected world.
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Spokesperson: China urges prudence in CK Hutchison's ports deal
cgtn.com
