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A map of China's overseas port network from The Economist.

Hong Kong's CK Hutchison Holdings Co., Ltd., which operates ports on both sides of the Panama Canal, agreed to sell a majority stake to BlackRock for $22.8 billion.

China may block the deal.

This massive deal would shift control of 42 port terminals across 23 countries, including key hubs such as the Panama Canal, Europe, and Asia, from a China linked Hong Kong conglomerate to a shipping giant (MSC’s TiL from Switzerland) and an investment powerhouse (BlackRock Infrastructure Partners).

If the deal is not blocked, China will lose a lot of influence in the port business and potential intel opportunities.

https://x.com/IndoPac_Info/status/1904712575356723637



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A map of China's overseas port network from The Economist.

Hong Kong's CK Hutchison Holdings Co., Ltd., which operates ports on both sides of the Panama Canal, agreed to sell a majority stake to BlackRock for $22.8 billion.

China may block the deal.

This massive deal would shift control of 42 port terminals across 23 countries, including key hubs such as the Panama Canal, Europe, and Asia, from a China linked Hong Kong conglomerate to a shipping giant (MSC’s TiL from Switzerland) and an investment powerhouse (BlackRock Infrastructure Partners).

If the deal is not blocked, China will lose a lot of influence in the port business and potential intel opportunities.

https://x.com/IndoPac_Info/status/1904712575356723637

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Ng was convicted in April for conspiracy to incite a riot, public nuisance, arson, criminal damage, manufacturing of explosives, administering poison and wounding with intent to do grievous bodily harm between October 2019 and June 2020. To edit your name or bio, click the Menu icon and select “Manage Channel.” Done! Now you’re the proud owner of a Telegram channel. The next step is to set up and customize your channel. Telegram channels fall into two types: Other crimes that the SUCK Channel incited under Ng’s watch included using corrosive chemicals to make explosives and causing grievous bodily harm with intent. The court also found Ng responsible for calling on people to assist protesters who clashed violently with police at several universities in November 2019.
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