CK Hutchison navigates rough waters in sale of Panama Canal ports
HONG KONG -- Major Hong Kong conglomerate CK Hutchison Holdings is facing mounting pressure from Beijing to cancel the sale of two ports near the Panama Canal.
With Chinese authorities stepping up the pressure on the company, CK Hutchison has indicated it will not move forward against Beijing's objections. The outcome will likely be swayed by ongoing tariff negotiations between the U.S. and China.
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Asahi Shimbun
35 minutes ago
- Asahi Shimbun
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4 hours ago
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