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Tag: TA KUNG PAO

economics

CK Hutchison’s Sale of Panama Canal Ports Provokes Chinese Outcry

March 20, 2025March 20, 2025 - by Carmen Mendez - Leave a Comment

CK Hutchison sold its Panama Canal ports to US investment firm BlackRock for $23 billion, drawing ire from China. The deal, which includes key container ports, raises geopolitical tensions as …

CK Hutchison’s Sale of Panama Canal Ports Provokes Chinese Outcry Read More
economics

Hutchison’s Panama Canal Port Sale Sparks Outrage in Beijing

March 20, 2025March 20, 2025 - by Marcus Chen - Leave a Comment

CK Hutchison Holdings faces backlash from Beijing after selling its Panama Canal port stakes to BlackRock in a $23 billion deal. The transaction escalates geopolitical tensions, with Chinese officials warning …

Hutchison’s Panama Canal Port Sale Sparks Outrage in Beijing Read More
Business

China Critiques BlackRock’s Panama Canal Port Acquisition Proposal

March 14, 2025March 14, 2025 - by Marcus Chen - Leave a Comment

China has condemned a plan to sell Panama Canal ports to BlackRock, labeling it a “spineless” move and a betrayal. A commentary from Ta Kung Pao spurred a 6% drop …

China Critiques BlackRock’s Panama Canal Port Acquisition Proposal Read More
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