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GulfLander

Captain
Registered Member
https://twitter.com/i/web/status/1896923001498767408
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coolgod said:
https://twitter.com/i/web/status/1896895421534113967

LMAO :p

US embassy chinese weibo were getting roasted by leftover Chinese libs from the previous administration, probably angry their funding got cut.
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Who makes those posts by th emb? Local employees translating/posting or chinese speaking American?

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escobar said:
CK Hutchison Holdings Ltd., the Hong Kong-based conglomerate, agreed to sell control of a unit that operates ports near the Panama Canal after pressure from US President Donald Trump to limit Chinese interests in the region.
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Is CK hutchison, UK owned? Or HK owned? Could be precedent?
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https://twitter.com/i/web/status/1896857371974246908
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escobar

escobar

Brigadier
escobar said:
CK Hutchison Holdings Ltd., the Hong Kong-based conglomerate, agreed to sell control of a unit that operates ports near the Panama Canal after pressure from US President Donald Trump to limit Chinese interests in the region.
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Not only did Hutchison agree to sell off its Panama concession, it sold 80% of Hutchison Port Holdings, granting a BlackRock-led consortium controlling interests in 34 ports outside of China and HK. First US move to own major overseas port concessions.
https://twitter.com/i/web/status/1896959057904435529
 
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M

MortyandRick

Senior Member
Registered Member
escobar said:
CK Hutchison Holdings Ltd., the Hong Kong-based conglomerate, agreed to sell control of a unit that operates ports near the Panama Canal after pressure from US President Donald Trump to limit Chinese interests in the region.
Please, Log in or Register to view URLs content!
Click to expand...
Sad.
So just from a verbal threat, panama forced a HK Company to sell unit that manages multiple ports to BlackRock.... Probably at pennies on the dollar

There must have been some hard blackmail or otherwise why would they sell the entire Hutchinson unit instead of just those ports in Panama

The Chinese govt should have stepped in.
 
coolgod

coolgod

Brigadier
Registered Member
escobar said:
Not only did Hutchison agree to sell off its Panama concession, it sold 80% of Hutchison Port Holdings, granting a BlackRock-led consortium controlling interests in 34 ports outside of China and HK. First US move to own major overseas port concessions.
https://twitter.com/i/web/status/1896959057904435529
Click to expand...
MortyandRick said:
Sad.
So just from a verbal threat, panama forced a HK Company to sell unit that manages multiple ports to BlackRock.... Probably at pennies on the dollar

There must have been some hard blackmail or otherwise why would they sell the entire Hutchinson unit instead of just those ports in Panama

The Chinese govt should have stepped in.
Click to expand...
I don't think the chinese govt gives a shit about the private company CK hutchison based in HK, not sure why some ppl treat this as a China lose lol. If anything destroying CK hutchison is good, those guys did jack shit for China while monopolizing major sectors in HK.
 
escobar

escobar

Brigadier
MortyandRick said:
Sad.
So just from a verbal threat, panama forced a HK Company to sell unit that manages multiple ports to BlackRock.... Probably at pennies on the dollar

There must have been some hard blackmail or otherwise why would they sell the entire Hutchinson unit instead of just those ports in Panama

The Chinese govt should have stepped in.
Click to expand...
I think the deal was already in the making for a while. You don't put a 20bn deal together in few month months. The only question is whether the 2 panama ports were part of the original deal or got added last minute because of Trump.
 
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