China firmly opposes economic coercion, FM on market regulator’s review of CK Hutchison’s potential port assets deal
SOURCE / ECONOMY
China firmly opposes economic coercion, FM on market regulator’s review of CK Hutchison’s potential port assets deal
Published: Mar 31, 2025 04:46 PM
Chinese Foreign Ministry spokesperson Guo Jiakun. Photo: VCG

Chinese Foreign Ministry spokesperson Guo Jiakun. Photo: VCG


In response to a question regarding a report that that China's State Administration for Market Regulation (SAMR) said it will review CK Hutchison's potential sale of relevant port assets to a BlackRock-led consortium, China's Foreign Ministry spokesperson Guo Jiakun said on Monday at a prese briefing that he has noted the report that the SAMR will review the deal in accordance with the law, with the aim of protecting market fairness and safeguarding public interests.

China's top market regulator said on Friday it will carry out an antitrust review of CK Hutchison's possible Panama Canal ports' deal in accordance with laws to ensure fair market competition and protect public interests, according to the website of the SAMR. 

Guo said that China firmly opposes moves that infringe on and undermine other countries' legitimate rights and interests through economic coercion, hegemonism and bullying.

Global Times


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