China has called for caution and transparency in CK Hutchison Holdings Limited's proposed ports acquisition, emphasizing legal compliance amid growing global scrutiny over international infrastructure investments. Foreign Ministry spokesperson Guo Jiakun stressed at a Monday press briefing that all parties must cooperate with Chinese regulators to ensure adherence to antitrust protocols.
The remarks follow a Wall Street Journal report suggesting Chinese authorities indicated approval for most ports in the deal, excluding a Panama Canal-linked asset. While acknowledging these reports, Guo deferred specific inquiries to market regulators, stating, "The State Administration for Market Regulation will conduct a lawful review and address violations sternly."
CK Hutchison, part of Hong Kong billionaire Li Ka-shing's conglomerate, faces heightened oversight as regulators globally assess strategic port ownership. Guo reiterated China's opposition to "economic coercion" while reaffirming the country’s commitment to welcoming foreign investors, stating, "China remains a steadfast advocate for open markets and equitable cooperation."
Analysts interpret the statement as balancing regulatory vigilance with Beijing’s broader economic diplomacy. As Asia’s maritime trade networks expand, deals involving critical infrastructure continue attracting geopolitical attention. The SAMR’s pending review will likely set precedents for cross-border acquisitions in China’s rapidly modernizing logistics sector.
