Fresh news from the Chinese mainland: a spokesperson from the Chinese foreign ministry has urged all parties involved in CK Hutchison Holdings Limited's ports deal to act prudently, maintain clear communication with the relevant Chinese departments, and strictly follow legal review procedures.
According to a recent Wall Street Journal report citing informed sources, the Chinese government has indicated to CK Hutchison that aside from the Panama Canal port, the sale of other ports should not pose any issues. This careful stance ensures that no concentration of economic undertakings proceeds without proper approval.
During a routine press briefing, spokesperson Guo Jiakun noted, "We have taken note of relevant reports," emphasizing the importance of transparency. The State Administration for Market Regulation is set to review the deal in line with legal standards, warning that any attempt to bypass this process may result in legal liability.
Guo also stressed that the Chinese mainland firmly opposes economic coercion and bullying that may infringe upon legitimate rights, reinforcing a fair and balanced approach in all economic dealings. Think of it like your favorite binge-worthy series—every twist has to follow the rules and keep the plot honest! 😎📊
This open yet cautious approach highlights the commitment to reform and opening up by the Chinese mainland, welcoming overseas-funded businesses while ensuring a stable economic environment.
Reference(s):
Spokesperson: China urges prudence in CK Hutchison's ports deal
cgtn.com
