Trump, China ramp up Panama Canal pressure with Li deal in limbo
China has required a billionaire Hong Kong Lee Li Ka Cheng a planned group of Black Rock, while Donald Trump sought a preferential treatment for American ships in the waterway, which increases uncertainty about whether the smell deal will continue.
China’s market organizer said on Sunday that her review of CK Hutchison Holdings Ltd. Dozens of ports cover all parties concerned, and the deal should not be implemented without the approval of the authority.
Although the deal is only related to CK Hutchison assets outside China and Hong Kong, the organization’s statement is seen as a confirmation of Beijing’s control of companies stationed in the Greater China.
The United States and China have been involved in the war of escalating words about the Panama channel, which deals with nearly 3 % of the sea transfers, as the United States and China were major users. He accumulates more political pressure on Lee trying to sell Panama port, and puts it at the intersection of tensions between the United States and China.
The escalating pressure from both sides highlights the increasing business environment that CK HUTCISON and other major international companies must move as commercial tensions between the two largest economies in the world.
Trump began pressing for the United States to “restore” the waterway shortly after taking office this year, and the latest data from Beijing followed his call to “free” traffic from American ships through Panama and Swiss channels.
“These channels will not be present without the United States of America.”
Meanwhile, China has recently told its state -owned companies any new cooperation with the 96 -year -old LI companies and his family, Bloomberg said in March, of his plan to sell them to the global consortium.
Institutions related to national laws and “stopping related transactions immediately” must abide by an opinion column in the PRO-Beijing newspaper Ta Kong Bao. Otherwise, “the consequences will be very dangerous.”
Black American Consortium “
The deal was first announced in March, and it includes 43 ports run by CK Hutchison in 23 countries. While working in the deal continues, including due care, accounting and tax checks, CK HUTCISON has already made a goal to sign a final agreement on part of the deal by April 2. If completed, the treatment will become CK Hutchison $ 19 billion in cash.
the Wall Street Journal This month, there are discussions on the separation of Panama’s perpetrators from a $ 22.8 billion deal to buy dozens of ports from CK Hutchison. Ta Kung Pao called it more than “public relations manipulation”.
“Regardless of the name change, the subject of the treatment has always been the American Blackrock,” the port said.
This story was originally shown on Fortune.com
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2025-04-28 04:38:00
