Beijing cautions Hong Kong’s CK Hutchison to ‘act with prudence’ over port deal – Go Health Pro

Beijing cautions Hong Kong’s CK Hutchison to ‘act with prudence’ over port deal – Go Health Pro

The Chinese Ministry of Commerce has cautioned Hong Kong’s CK Hutchison Holdings to maintain “a clear understanding” of the situation and “act with prudence” after Li Ka-shing’s conglomerate pledged earlier this week that its Panama port sale would not violate any laws. A ministry spokeswoman made the remarks on Thursday after the conglomerate issued a … Read more

Port of entry: Peru’s Chinese-built megaproject is poised to reshape Pacific trade – Go Health Pro

Port of entry: Peru’s Chinese-built megaproject is poised to reshape Pacific trade – Go Health Pro

President Xi Jinping is expected to inaugurate Chancay port when he visits Peru next week. The Chinese-funded megaport may reshape Pacific trade, but has also made the United States uneasy. In the first of a two-part series, Igor Patrick looks at the history of the project, its impact on global trade and the social costs … Read more